Financial Glossary beginning with Z

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Z

Zero dividend preference share
zeroesA low-risk share that provides a fixed capital return when the investment trust is wound up. They don't provide any income, so there is no income tax to pay.
ZigZag
In a bull market, an Elliott three-wave pattern that subdivides into a 5-3-5 pattern with the top of wave B noticeably lower than the start of wave A. In a bear market, this pattern will be inverted.

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