Back to Dictionary

K 32 words

• K Shaped Recovery K Shaped Recovery is when an economy bounces back unevenly after a shock, with some people and businesses climbing while others keep sliding down.
• Kaizen Kaizen is the habit of making small, steady improvements to how a business runs, instead of waiting for one big, dramatic fix.
• Kanbar Kanbar is a term for the sharp, resourceful hustle instinct that lets a small trader or founder turn scraps and small capital into a working business.
• Kangaroo Bond Kangaroo Bond is a bond issued in the Australian market by a foreign company or government, priced in Australian dollars for local investors.
• Keiretsu Keiretsu means a group of companies that hold shares in each other and work together, so a bank, a manufacturer and a supplier all move as one family.
• Kenya Shilling Kenya Shilling is the currency of Kenya, code KES, used for trade and remittances across East Africa and worth comparing with the naira for context.
• Key Account Key Account is the customer so important to your business that losing them would hurt your revenue and your sleep, so you treat them with special care.
• Key Indicator Key Indicator: a number, like inflation or GDP growth, that tells you at a glance whether an economy is healthy or struggling.
• Key Performance Indicator Key Performance Indicator is the one or two numbers a business watches closely to know if it is actually winning, more than busy.
• Key Person Insurance Key person insurance pays the business if the person it depends on dies, which most Nigerian businesses need desperately and almost none have.
• Key Rate Duration Key rate duration measures how much a bond's price will move if interest rates change at one specific maturity point, rather than shifting everywhere at once.
• Keynesian Economics Keynesian Economics is the idea that when people and businesses stop spending, government should step in and spend so the economy does not sink further.
• Keystone Pricing Keystone pricing is the old trader's rule of doubling what you paid for goods to set the selling price, covering costs and profit in one clean move.
• Kicker Kicker is the extra sweetener added to a bond or loan, like a right to convert to shares, that makes a plain deal more attractive to investors.
• Kiddie Tax Kiddie Tax is a United States rule that taxes a child's unearned income, like dividends or interest, at the parent's higher tax rate once it passes a set limit.
• Killer Application Killer Application: a product or service so useful that people buy the whole system just to get it, and it becomes the reason a business takes off.
• Killer Deal Killer Deal is a business arrangement so good for one side that it changes their fortunes overnight, and everyone else wonders how they landed it.
• Kitchen Sink Kitchen Sink means dumping every possible bad cost or bad news into one bad quarter or one hard season, so the future looks clean and blame free by comparison.
• Kiting Kiting means using the delay between when a cheque is written and when it actually clears to create money that does not really exist yet, even for a few days.
• Knock-In Option Knock In Option is a contract that only becomes a live, usable option after the price of the underlying asset touches a set trigger level first.
• Knock-Out Option Knock Out Option: a derivative that lets you bet on a price move but self destructs the moment the underlying price hits a set barrier, win or lose.
• Know Your Client Know Your Client is the bank's process of confirming who you really are before they let you open an account or move money, to stop fraud and dirty funds.
• Know Your Customer Know your customer is the checks a bank must run to confirm you are who you say you are, before it will hold your money.
• Knowledge Economy Knowledge Economy is an economy where ideas, skills and information, not crude oil or cocoa, are the main things generating wealth and jobs.
• Knowledge Worker Knowledge Worker: someone paid mainly for what they know and can figure out, not for hours spent lifting, moving or standing at a machine.
• Konga Konga is a Nigerian online shopping site where you can buy phones, clothes and appliances and pay on delivery or online, much like an early Nigerian Amazon.
• KPMG KPMG is one of the four biggest audit and consulting firms in the world, hired to check company books and give advice on tax, risk and strategy.
• Krone Krone is the name shared by the currencies of Denmark, Norway and Iceland, each worth different amounts despite the same name and even similar symbols.
• Kuda Bank Kuda Bank is a Nigerian digital bank with no physical branches, built on the promise that ordinary banking should not cost you money in fees.
• Kurtosis Kurtosis measures how likely an investment is to produce extreme surprises, good or bad, far more often than a normal bell curve would suggest.
• KYC KYC is the bank's way of asking who you really are before it lets your money move, using your ID, address and a passport photo as proof.
• KYC Verification KYC Verification means your bank confirming who you really are, with documents like your ID, address and photo, before they let your money move freely.