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K
Fifth letter of a Nasdaq stock symbol specifying the issue has no voting rights.
Kaffirs
South African gold mining shares that trade on the London Stock Exchange.
Kangaroos
Australian stocks.
Kansas City Board of Trade (KCBT)
The U.S.-based futures and options exchange for no. 2 red wheat futures and, options, Value Line Index futures and Mini Value Line futures and options.
Kappa
The ratio of the dollar price change in the price of an option to a 1% change in the expected volatility.
Karachi Stock Exchange
The major securities exchange of Pakistan.
KCBT
See: Kansas City Board of Trade
KE
The ISO 3166 country code for KENYA.
Keiretsu
A network of Japanese companies organized around a major bank. The term is also used outside of Japan to describe how a large corporation with many subsidiaries and associated firms can manipulate revenues. For example, firm A and B are controlled by firm C. Firm A is forced to buy its input from firm B at a high price. As a result, A is unprofitable and B is very profitable.
Keogh plan
A type of pension_fund account in which taxes are deferred. Available to those who are self-employed.
KES
The ISO 4217 currency code for the Kenyan Shilling.
Key industry
An industry that plays a critical role in a nation's economy.
Key man (or woman) insurance
A life insurance policy purchased by a company to insure the life of a key executive. The company is the beneficiary in case of the executive's death.
Keynesian economics
An economic theory of British economist, John Maynard Keynes that active government intervention is necessary to ensure economic growth and stability.
KG
The ISO 3166 country code for KYRGYZSTAN.
KGS
The ISO 4217 currency code for the Kyrgyzstan Som.
KH
The ISO 3166 country code for CAMBODIA.
KHR
The ISO 4217 currency code for the Cambodian Riel.
KI
The ISO 3166 country code for KIRIBATI.
Kick it out
Used in the context of general equities. "Liquidate a position (sell a long /cover a short) without regard to price."
Kickback
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
An additional feature of a debt obligation that increases its marketability and attractiveness to investors.
Kiddie tax
Tax owed for the investment income of children if the amount is more than $1,400.
Killer bees
Those who aid a company in fending off a takeover bid, usually investment_bank who devise strategies to make the target_company less attractive or more difficult to acquire.
Kiting
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.
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