TermDefinition
Zero economic profitA rate of profit equal to the opportunity cost of capital. See also: normal profits, opportunity cost of capital.
Zero lower boundThis refers to the fact that the nominal interest rate cannot be negative, thus setting a floor on the nominal interest rate that can be set by the central bank at zero. See also: quantitative easing.
Zero sum gameA game in which the payoff gains and losses of the individuals sum to zero, for all combinations of strategies they might pursue.
Zombie fundsMore formally these are called closed funds. It’s a name given to a closed with-profits fund that no longer accepts new business until the existing policies mature.