Focus on the pronunciation of zero-based budgeting
English definition of “zero-based budgeting”
zero-based budgeting (abbreviation ZBB)
noun [U] ACCOUNTING
› a method for business budgets in which all costs are considered again each year, and each department must say why it needs the amount it asks for: Zero-based budgeting asks managers to examine the services they are required to deliver and then build up their cost structure from scratch.