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Topical Terminology > Zero-base Budgeting (Zbb)



1 Definition

Zero-base Budgeting (Zbb)

For Zero-base Budgeting (Zbb) we have a term and definition in Finance.



Zero-base Budgeting (Zbb) (Finance)

Budgeting method that disregards the previous year's budget in setting a new budget, since circumstances may have changed. Each and every expense must be justified in this system.


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