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Three Features of a Kangaroo Court



Court proceedings that lack the due process protections people associate with courts of law have earned the name “kangaroo court.” The term has been in use since at least the 19th century, but it is difficult to pinpoint an exact source for it or to determine why its name includes a reference to an animal […]

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KNOWN HEIRS

the name given to the people who are recognised with the right to inherit.

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KEEP

a term meaning to hold, to maintain, to support, to retain in possession and to take care of.

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KITING CHECKS

term that describes writing a cheque from another bank to cover a cheque that is overdrawn.

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KILLED BY MISADVENTURE

a phrase that means to be accidentally killed but not during the committing of an act this is unlawful.

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KEEP IN REPAIR

a clause found in leases that binds the lessee to keep the premises in a good condition.

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KIDNAPPING LAW

federal offense when a person is taken forcibly from one state to another or to a different country.

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KNOWINGLY AND WILLFULLY

a term used to apply to a crime that is carried out intentionally and with a full awareness.

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KANGAROO COURT

the name that is given to an unauthorised court that is set up without legal power and authority that takes the law into its own hands.

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KEEPING THE PEACE

the term that means to maintain public order and to prevent violence and other unlawful behaviour.

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KNOWN

term used to describe a thing that is recognised, like a well known person, a fact that is understood or a thing that is familiar.

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K-COMMERCE

Knowledge Exchange as the basis of an economy where knowledge capital is the defacto currency, an underlying premise in knowledge-based economies .

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KEY MAN RISK

The effect losing one important member of the team causes.

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KEYSTONE MARKUP

Gross margin equaling cost price or half the sale price. Said another way, any item selling at twice the wholesale cost, purchased or produced, has a keystone markup.

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KINKED YIELD CURVE

When medium term interest rates are higher than low or high. Refer to negative yield curve, yield curve, and positive yield curve.

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KNOWLEDGE ECONOMY

Building, evaluating, and trading knowledge is the basis of this economy. Labor costs slowly decrease in importance while dwindling concern occurs over scarcity of resources and economies of scale, traditional economic concepts.

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KDE

K Desktop Environment. KDE was a project begun by Matthias Ettrich in 1996. It was developed mainly by European volunteers. It is a Linux-based non-proprietary graphical user interface (GUI). It works with other UNIX and UNIX-type operating systems. An open source license typically comes with it for free .

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KEY MONEY

Deposit on a leased property paid by the lessee.

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KEY-TESTED TELEX

Telex machine wire fund transfer messages authenticated using code (key) numbers. Contrast to modern digital data transfer. .

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KIOSK

Upright, retail outlet display or entry-port in a large retail establishment or a shopping mall to assist customers.

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