Keefe Bank Index
What is 'Keefe Bank Index' An index of regional bank and money centers. The Keefe Bank Index is compiled by Keefe, Keefe,...
Killer Bees
What is 'Killer Bees' An individual or firm that helps a company fend off a takeover attempt. A killer bee uses defensive...
Key Employee
DefinitionKey employee, in U.S. Internal Revenue Service terminology, is an employee classification used when determining if company-sponsored qualified retirement plans, including 401 defined benefit...
Kyrgyzstani Som (KGS)
What is 'Kyrgyzstani Som - KGS' The official currency of Kyrgyzstan, which is also called the Kyrgyz Republic. The multicolored paper notes...
Kamikaze Defense
What is 'Kamikaze Defense ' A type of takeover defense mechanism sometimes resorted to by a company that is the target of...
Kiddie Tax
DefinitionThe kiddie tax rule exists in the United States of America and can be found in Internal Revenue Code § 1, which "taxes certain...
Kangaroo Bond
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...
Key Person Insurance
Definition
Key person insurance, also known as keyman insurance, key man insurance, or 'key employee insurance,' is a kind of business insurance that is critical...
Kenneth I. Chenault
DefinitionKenneth Irvine Chenault is an American business executive. He was the CEO and Chairman of American Express from 2001 until 2018. He is the...
Korea Investment Corporation
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...