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  1. Z-score

    The probability of bankruptcy. It is based on five financial ratios.
  2. Z-spread

    The Z-spread, ZSPRD, Zero-volatility spread or Yield curve spread of a mortgage-backed security (MBS) is the parallel shift or spread over the zero-coupon Treasury yield curve required for discounting a pre-determined cash flow schedule to arrive at its present market price. The Z-spread is also widely used in the credit default swap (CDS) market as a measure of credit spread that is relatively insensitive to the particulars of specific corporate or government bonds. Since the Z-spread uses [...]
    Way of analyzing an assets swap.
  3. Z-table

    An early mortality table which showed the actual mortality experienced by those insured by major insurers between 1925 and 1934.
  4. Zaibatsu

    Zaibatsu (財閥, literally financial clique) is a Japanese term referring to industrial and financial business conglomerates in the Empire of Japan, whose influence and size allowed control over significant parts of the Japanese economy from the Meiji period until the end of World War II.
    A japanese congromerate with one company taking control. It has been banned since the mid 1940s and is replaced by keiretsu.
  5. Zaitech

    The final speculation of a japanese company to boost nonoperating income.
  6. Zambrano

    A '90s class action case in which plaintiffs, undocumented aliens, challenged I.N.S. regulations for allegedly, unduly restricting the eligibility of undocumented aliens who might become public charges for legalization under the Immigration Reform and Control Act of 1986. In 1993, Zambrano reached the U.S. Supreme Court which remanded the case. I.N.S. v. Zambrano, 509 U.S. 918 (1993). Ultimately, the U.S. Court of Appeals for the Ninth Circuit dismissed plaintiffs' claims for lack of [...]
  7. Zanja

    Span. A water ditch or artificial canal, and particularly one used for purposes of irrigation. See Pico v. Co.limas, 32 Cal. 578.
  8. Zanjero

    Span. A water commissioner or superintendent or supervisor of an irrigation system. See Pico v. Colimas, 32 Cal. 578.
  9. Zealot

    This word ls commonly token in a bad sense, as denoting a separatist from the Church of England or a fanatic. Brown.
  10. Zealous Witness

    A witness whose testimony is clearly biased in favor of the party for whom he or she is testifying. Illustrative caselaw See, e.g. Mayes v. Gibson, 2010 F.3d 1284, 1291 (10th Cir. 2000). See also Witness
    An untechnical term denoting a witness, on the trial of a cause, who manifests a partiality for the side calling him, and an eager readiness to tell anything which he thinks may be of advantage to that side.
  11. Zeir

    O. Se, Year. "Zeir and day." Bell.
  12. Zemindar

    In Hindu law. Landkeep-er. An officer who under the Mohammedan government was charged with the financial superintendence of the lands of a district, the protection of the cultivators, and the realization of the government's share of its produce, either in money or kind. Wharton.
  13. Zequitas Supervacua Odit

    Equity abhors superfluous things. Lofft, 282.
  14. Zerat

    Zerat refers to a land ownership system in early colonial India. The zerat system was particularly common in Bengal and Bihar. It refers to the private land of the landlord, which would often be cultivated by peasants. Zerat was mainly responsible for a change in traditional forms of agricultural organization in some parts of India, replacing the ryot system. It produced a strain on the peasant economy, despite peasants being free to grow their own crops. In indigo cultivation practiced by [...]
  15. Zero Air

    Ambient air that has been filtered to have less than 0.1 PPM of hydrocarbons.
  16. Zero Balance Account

    In finance, a Zero Balance Account (ZBA) is a system of cash pooling (to consolidate the cash balances of several subsidiaries of a single company). This system is designed to leave in the current accounts of the subsidiaries that minimum amounts to be able to deal with their debts contracted. The main advantage of this system is to centralize the cash to be able to put it to better interest rates . This system may have the disadvantage of not allowing enough independence to financial [...]
    Account used by a company handling very large endorsements.
  17. Zero Cost Collar

    A spread with the long position in cap or call and the short on the floor or put. This also occurs vice versa. Refer to collar.
  18. Zero Cost Option

    Strategy of trading where one option purchased is equal to one option sold.
  19. Zero Coupon Convertible

    Zero coupon bond that can be converted to common stock at a set price or if government issued into a bond bearing interest.
  20. Zero Coupon Convertible Bond

    A convertible bond that is discounted and exchanged into stock. While it is a bond it acquires interest.

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