DefinitionKnowledge management is the process of creating, sharing, using and managing the knowledge and information of an organisation. It refers to a multidisciplinary approach to achievin

DefinitionKey person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definit

Kangaroo Bond What is 'Kangaroo Bond' A type of foreign bond that is issued in the Australian market by non-Australian firms and is denominated in Australian currency. The bond is subject

Kamikaze Defense 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 reshapin

Killer Bees What is 'Killer Bees' An individual or firm that helps a company fend off a takeover attempt. A killer bee uses defensive strategies to keep an attempted hostile takeover from

Kickback What is a 'Kickback' A kickback is the payment of something of value to a recipient as compensation or reward for providing favorable treatment to another party. Explaining 'Kick

Keidanren What is 'Keidanren' A Japanese abbreviation for the Japan Federation of Economic Organizations. The Keidanren was created in 1946 to address the issues and concerns of Japanese b

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

DefinitionKeynesian economics are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate d

DefinitionIn 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 e