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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...
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...
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...
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 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...
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,...
Key Performance Indicators (KPI)
What are 'Key Performance Indicators - KPI' Key performance indicators (KPI) are a set of quantifiable measures that a company uses to...
Keidanren
What is 'Keidanren' A Japanese abbreviation for the Japan Federation of Economic Organizations. The Keidanren was created in 1946 to address the...
Kiting
What is kiting and how does it work
Kiting is a type of fraud where a financial instrument is used to obtain unauthorized credit. Kiting...
Keynesian Economics
DefinitionKeynesian economics are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced...