Letter K Vocabulary Flashcards
Not typically a financial term, but refers to large marsupials indigenous to Australia.
Kangaroos
In finance, a measure of the sensitivity of an option’s price to changes in its implied volatility.
Kappa
A tax-deferred retirement savings plan for self-employed individuals or unincorporated businesses.
Keogh Plan
A major global currency that is widely used in international transactions.
Key Currency
An employee considered essential to the success or continuity of the business.
Key Employee
Metrics used to evaluate the performance and success of an organization or individual in relation to objectives.
Key Performance Indicators (KPI)
A clause in a contract specifying conditions or actions to be taken if a pivotal person in an organization is no longer available.
Key Person Clause
Measures the sensitivity of a security or portfolio to a one-percent change in yield for a specific key rate or maturity.
Key Rate Duration
Specific interest rates or durations that have their own distinct characteristics within a yield curve.
Key Rate
A numerical or percentage value expressing a relationship between two significant figures, often used in financial analysis.
Key Ratio
A life or disability insurance policy taken by a business on a critical person whose loss would significantly impact the company.
Keyman Insurance
An economic theory emphasizing the importance of aggregate demand and the role of government intervention in stabilizing the economy.
Keynesian Economics
A feature of a security offering an additional benefit to attract potential investors, or a provision in an adjustable-rate mortgage.
Kicker
In finance, to cancel or void an order, especially a stock or bond order.
Kill
Financial or legal professionals who devise strategies to prevent hostile takeovers.
Killer Bees
Related or similar in nature or character.
Kindred
A region in northwest Canada famous for its gold rush in the late 19th century; also refers to a type of solitaire card game.
Klondike
An option contract that only becomes active when a predetermined price level is reached.
Knock-In Option
An option contract that becomes inactive if a predetermined price level is reached before expiration.
Knock-Out Option
A unit of speed used in maritime and air navigation, equivalent to one nautical mile per hour.
Knot (Rate of Speed)
