Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: K

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,

KILLED BY MISADVENTURE

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

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.

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.

KEEP

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

KITING CHECKS

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

KELVIN (K)

Irish physicist William Thomson (1824-1907),honored as 1st Baron Kelvin (Lord William Kelvin), developed this scale. Temperature scale beginning at absolute zero (273.15

KEY PUNCHING

Keyboard or keypad driven computerized data entry. Prior to PCs, to issue commands or store data in the era of mini or mainframe computers, key punching was actual punching of holes in

KICKOFF MEETING

Pre-launch gathering of stakeholders and prime movers of a program or project. Agenda is strategy, direction, roles, goals, and objectives.

KNOCK-OUT OPTION

Event-driven benefit payoff tied to something not occurring like a specific change in an asset’s price. Contrast to knock-in option.

KYOTO PROTOCOL

Industrialized countries excluding the US agree to reduce emissions of greenhouse gases. Negotiated in 1997 in Kyoto, Japan.

KEOGH ACT PLAN

Also referred to as a HR-10 plan. A plan that allows those who are self-employed to set up a retirement plan and have access to tax benefits comparative to the benefits offered

KEY RATIOS

Business analysts evaluate a firm’s financial position and income using these financial performance measures. They are reliably indicate management competence, specifically when compared to previous periods or against a competitor’s ratios. Net

KNOOP HARDNESS (KH)

Expressed in kilograms of force as a ratio of applied force. Penetration depth is measured in millimeters. Material hardness test of impact depth, not area. A pointed rhombohedral diamond is a highly

KEOGH PLAN

In the US self-employed individuals and employees with no pension plan can set up this self-contributory saving or pension plan. New York Congressman Eugene J. Keogh proposed it. Individuals set aside a

KEY SPLITTING

Security scheme requiring unifying parts so that a decryption key can be used. Separated parts occur by dividing a code number or decryption algorithm into two or more parts so that no

KILL

Cancelling an investment transaction prior to the system receiving its posting.

KNOWLEDGE ASSET

A copyright, patent, other documentation that generates income as intellectual capital. See, e.g., How to Get a Copyright: A Step-By-Step Guide

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