ZCash (ZEC) is a privacy-focused cryptocurrency that enables users to send and receive transactions with enhanced anonymity. Utilizing advanced cryptographic techniques, specifically zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge), ZCash allows for shielded transactions that conceal sender, receiver, and transaction…

Zero-based Budgeting is a budgeting method where all expenses must be justified for each new period, starting from a "zero base." This means that every function within an organization is analyzed for its needs and costs, and budgets are built…

A Zero-Coupon Bond is a type of bond that does not pay periodic interest payments (coupons) but is instead issued at a discount to its face value. The bondholder receives the face value upon maturity, with the difference between the…

A zero-sum game is a situation in game theory where one participant's gain is exactly balanced by the losses of another participant. In such games, the total utility available is constant, meaning that any advantage gained by one player must…

zk-SNARK zk-SNARK stands for "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge." It is a cryptographic proof that allows one party to prove to another that they know a value (or possess some information) without revealing the value itself. Key Features Zero-Knowledge:…

A "Zombie Company" refers to a business that is unable to cover its debt servicing costs from current revenues, yet continues to operate due to low interest rates or continued borrowing. These companies often rely on external funding to survive…