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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 third black CEO of a Fortune 500 company.

Key Person Insurance

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

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

Kiddie Tax

DefinitionThe kiddie tax rule exists in the United States of America and can be found in Internal Revenue Code ยง 1, which "taxes certain unearned income of a child at the parent's marginal

Kyrgyzstani Som (KGS)

Kyrgyzstani Som (KGS) 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

Keefe Bank Index

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, Bruyette and Woods, an investment banking firm in

Key Ratio

Key Ratio What is 'Key Ratio' A mathematical ratio that illustrates and summarizes the current financial condition of a company. Key ratios can be used to easily obtain an idea of a compan

Krugerrand Gold Coin

Krugerrand Gold Coin What is 'Krugerrand Gold Coin' A gold coin minted by the Republic of South Africa. Krugerrand gold coins contain exactly one troy ounce of gold. This coin was first mi

Kondratieff Wave

DefinitionIn economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy. Kondratieff Wave What is 'Kondratieff Wave' A long-term cycle present in capital

Katie Couric Clause

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
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