Definition of zero-based in English:

zero-based

Line breaks: zero-based
(also zero-base)

adjective

Finance
(Of a budget or budgeting) having each item costed anew, rather than in relation to its size or status in the previous budget.
More example sentences
  • This makes zero-based budgeting or even activity-based costing almost pointless from a budget officer's point of view, since so little of a district's funds are available for reallocation.
  • As you prepare next year's budget, should you start from scratch and use zero-based budgeting?
  • I'm tormented by these zero-based environments where we've abandoned so many children.

Definition of zero-based in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day inamorata
Pronunciation: inˌaməˈrätə
noun
a person's female lover