Super Finance Glossary

Finance

Over 10,000 financial glossary terms...

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Browsing by the letter "K"

Displaying next 40 results of 52
KI
Definition: The two-character ISO 3166 country code for KIRIBATI.
Kickback
Definition: In the context of finance, refers to compensation of dealers by sales finance companies for discounting installment purchase paper.
Kickback
Definition: In the context of finance, refers to compensation of dealers by sales finance companies for discounting installment purchase paper. In the context of contracts, refers to secret payments made to insure that the contract goes to a specific firm.
Kicker
Definition: An additional feature of a debt obligation that increases its marketability and attractiveness to investors.
Kiddie Tax
Definition: Tax owed for the investment income of children if the amount is more than $1,400.
Killer Bees
Definition: Those who aid a company in fending off a takeover bid, usually investment bankers who devise strategies to make the target less attractive or more difficult to acquire.
Kiting
Definition: Used in banking to refer to the practice of depositing and drawing checks at two or more banks and taking advantage of the time it takes for the second bank to collect funds from the first bank. Also refers to illegally increasing the face value of a check by changing the numbers on the check. In the context of securities, refers to the manipulation and inflation of stock prices.
KM
Definition: The two-character ISO 3166 country code for COMOROS.
KMF
Definition: The ISO 4217 currency code for the Comoros Franc.
KN
Definition: The two-character ISO 3166 country code for SAINT KITTS AND NEVIS.
Knock-out Option
Definition: An option that- is worthless at expiration if the underlying commodity or currency price reaches a specific price level.
Know Your Customer
Definition: An ethical foundation of securities brokers that an adviser who recommends the purchase or sale of any security to a customer, must believe that the recommendation is suitable for the customer, given the customer's financial situation.
Kondratieff Wave
Definition: An economic theory of the Soviet economist Kondratieff stating that the economies of the western world are susceptible to major up-and-down "supercycles" lasting 50 to 60 years.
Korea Stock Exchange
Definition: The major securities market of Korea.
KP
Definition: The two-character ISO 3166 country code for KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF.
KPW
Definition: The ISO 4217 currency code for the North Korean Won.
KR
Definition: The two-character ISO 3166 country code for KOREA, REPUBLIC OF.
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