DefinitionKorea Investment Corporation was established in 2005 to preserve and enhance the long-term purchasing power of South Korea's sovereign wealth through efficient management of public

Kiting What is 'Kiting' Kiting is the act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial leverage. 2. A fr

Keepwell Agreement What is 'Keepwell Agreement' A contract between a parent company and its subsidiary to maintain solvency and financial backing throughout the term set in the agreement.

Hard-To-Borrow List What is a Hard-To-Borrow List A hard to borrow list is inventory utilized by brokerages to identify securities that are not available for borrowing for transactions tha

Harmless Warrant What is 'Harmless Warrant' A warrant that requires the holder to surrender a similar bond when purchasing a new fixed-income instrument. For the warrant to be exercisable,

Yield Curve Risk What is the 'Yield Curve Risk' The yield curve risk is the risk of experiencing an adverse shift in market interest rates associated with investing in a fixed income instr

Yield Tilt Index Fund What is 'Yield Tilt Index Fund' A type of mutual fund that allocates capital as a standard index, by replicating the holdings of a specified stock index, such as the

Yellow Sheets What is 'Yellow Sheets' A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds (also called

Yield Basis What is 'Yield Basis' A method of quoting the price of a fixed-income security as a yield percentage, rather than in dollars. This allows bonds with varying characteristics to

In Street Name What is an 'In Street Name' An in street name is a brokerage account where the customer's securities and assets are held under the name of the brokerage firm, rather than th