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Z

4 terms

Z-Score
A statistical measure indicating how many standard deviations a data point is from the mean, used in finance for identifying outliers and bankruptcy prediction.
Z-Test
A statistical hypothesis test assuming a normal distribution, used in quantitative finance to determine if sample data differs significantly from a population.
Zero-Coupon Bond
A bond sold at a deep discount paying no periodic interest, with the return earned entirely from the difference between purchase price and face value at maturity.
Zero-Sum Game
A situation in finance where one participant's gain equals another's loss, such as options and futures trading when considering only the contracts themselves.