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

Katie Couric Clause What is 'Katie Couric Clause' A slang term for a controversial proposed clause from a Securities and Exchange Commission (SEC) rule (formally known as the Executive Com

Key Rate What is 'Key Rate' The specific interest rate that determines bank lending rates and the cost of credit for borrowers. The two key interest rates in the United States are the disc

DefinitionImmunization, or immunisation, is the process by which an individual's immune system becomes fortified against an agent. Immunization What is 'Immunization' Immunization, also kn

Identity Fraud Reimbursement Program What is 'Identity Fraud Reimbursement Program' A financial product that offers reimbursment for the costs associated with having been a victim of ident

National Association of Purchasing Management Chicago (NAPM Chicago) What is 'National Association of Purchasing Management Chicago - NAPM Chicago' An association which compiles a survey a

National Automated Clearinghouse Association (NACHA) What is 'National Automated Clearinghouse Association - NACHA ' A non-profit membership association charged with overseeing the Automa

National Pensions Reserve Fund What is 'National Pensions Reserve Fund' The National Pensions Reserve Fund is a public pension fund established by the Republic of Ireland. The Government o

DefinitionA variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product, gross nation

National Foundation For Consumer Credit (NFCC) What is 'National Foundation For Consumer Credit - NFCC' A non-profit organization that seeks to educate consumers about credit and borrowing