Legal Articles

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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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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KNOWN HEIRS

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

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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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KNOWLEDGE MANAGEMENT

Building of an organization’s intellectual assets by strategies and processes. Driving to identify, capture, structure, value, leverage, and share, enhancing results and market share. Two critical activities are its basis: (1) retain individual explicit and tacit knowledge (capture and document), and (2) socialize it (organizational disseminated).

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KEEPWELL AGREEMENT

A parent company and a subsidiary imitate such a contract to guarantee the subsidiary all necessary financing over a specified time-period. The parent company provides this. This contracted support gives potential lenders greater confidence, making the subsidiary more creditworthy.

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KEY PERFORMANCE INDICATORS (KPI)

Key business statistics as measures of a firm’s performance in critical areas. Typically, monitoring is essential for such business activities that would likely cause severe losses or outright failure if done incorrectly. Statistics like number of new orders, cash collection efficiency, and return on investment (ROI), are typical values measured. Measuring progress or lack of it are essential for achieving the firm’s objectives or strategic plans.

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KICKBACK

A bribe for routing a job, contract, or order. Typically comes out of the income generated by the job, contract, or order. Demanded by an official.

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KIT

One item under its own part number or SKU, comprised of several other finished goods (FG), each with its own SKU. Refer to separate stock keeping unit (SKU).

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