What is 'Kyrgyzstani Som - KGS' The official currency of Kyrgyzstan, which is also called the Kyrgyz Republic. The multicolored paper notes come in denominations of 1, 5, 10, 20, 50, 100, 200, 500 and 1,000 som...
What is 'Kamikaze Defense ' A type of takeover defense mechanism sometimes resorted to by a company that is the target of a hostile bid. Kamikaze defense involves reshaping the target company - either by divesting substantial...
DefinitionThe kiddie tax rule exists in the United States of America and can be found in Internal Revenue Code § 1, which "taxes certain unearned income of a child at the parent's marginal rate, no matter whether the child...
What is 'Kangaroo Bond'
Unlisted foreign bonds are bonds that are issued on the Australian market by non-Australian companies and are denominated in the local currency of Australia. The bond is subject to all applicable laws and regulations in Australia.
A...
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Key person insurance, also known as keyman insurance, key man insurance, or 'key employee insurance,' is a kind of business insurance that is critical to the success of a company. The term "key person insurance" does not have a...
DefinitionKenneth Irvine Chenault is an American business executive. He was the CEO and Chairman of American Express from 2001 until 2018. He is the third black CEO of a Fortune 500 company. Kenneth I. Chenault What is 'Kenneth...
Definition
Korea 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 funds in the international financial markets. KIC manages assets entrusted by the Government, the...
Definition
The Kagi chart is a chart used for tracking price movements and to make decisions on purchasing stock. It differs from traditional stock charts such as the Candlestick chart by being mostly independent of time. This feature aids in...
Definition
In economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy.
Kondratiev Wave
What is 'Kondratiev Wave'
An economic theory created by Soviet economist Nikolai Kondratiev that states that Western capitalist economies are susceptible to high performance volatility.
Also known as...
What is 'Kuala Lumpur Stock Exchange (KLS) .KL' The former name for what became the Bursa Malaysia in 2004, the Kuala Lumpur Stock Exchange was established in 1976. Its precursors were the Singapore Stockbrokers' Association, which was...