Definition of zero-based in English:

zero-based

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.

    • ‘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.’
    • ‘Besides, his budget speech speaks of introducing stringent measures for expenditure control and zero-base budgeting.’
    • ‘I'm tormented by these zero-based environments where we've abandoned so many children.’
    • ‘In Verilog, vectors are groups of wires or nets, and these are zero-base indexed.’
    • ‘As you prepare next year's budget, should you start from scratch and use zero-based budgeting?’

Pronunciation:

zero-based

/ˈzērōbāst/