Z Zero Lot Line

 

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Z Zero Lot Line

The consruction of a building on any of the boundary lines of a lot. Usually built on the front line such as a store built to the sidewalk.



Z Zero Lot Line

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Zero prepayment assumption

Zero prepayment assumption

The assumption of payment of scheduled principal and interest with no payments.


Zero investment portfolio

Zero investment portfolio

A portfolio of zero net value established by buying and shorting component securities, usually in the context of an arbitrage strategy.


Zero sum game

Zero sum game

A type of game wherein one player can gain only at the expense of another player.


Homogeneous of degree zero

Homogeneous of degree zero

The property of a function that, if you scale all arguments by the same proportion, the value of the function does not change. See homogeneous of degree X. In the H-O Model, CRTS production functions imply that marginal products have this property, which is critical for FPE.


Zero plus tick

Zero plus tick

Used for listed equity securities. Transaction at the same price as the preceding trade, but higher than the preceding trade at a different price. Antithesis of zero-minus tick. See: Short sale.


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