Definitions K

Kruskal Wallis Test

A non-parametric method for one-way analysis of variance used to determine if three or more…

Kyoto Protocol

Industrial agreement negotiated in 1997 in Kyoto (Japan) between industrialized countries (excluding the US) to…

Key Process

Business process which, in a management’s view, is critical to customer service and satisfaction, competitive…

Kiss Principle

“Keep It Simple, Stupid.” A term which simply indicates that the simplest solution or path…

Kaizen Budgeting

An approach to budgeting which takes into account the costs of improving the product. Instead…

Keller Plan

Type of personalized instruction in which learning material is presented in small units. When a…

Keogh Plan

Self-contributory saving or pension plan for self-employed individuals or employees not covered in their employer’s…

Key Person

Individual whose knowledge, creativity, inspiration, reputation, and/or skills are critical to the viability or growth…

Key Punching

Entering data into a computer by using a keyboard or keypad. In the era before…

Known Loss

Losses discovered at the time of a shipment’s delivery.

Kicker Pattern

A pattern that takes the shape of a two bar candlestick. This pattern is used…

Kicking The Tires

A creative term to describe how a potential investor shops around for an investment brokerage…

Kraft Paper

Strong brown (un-bleached) paper having at least 80 percent virgin wood pulp.

Keyword

. Indexing: Main or oft-repeated word (usually a noun) that is closely linked to, or…

Knock-In Option

That pays a benefit only if a specified event (such as a certain change in…

Knock-Out Option

That pays a benefit only if a specified event (such as a certain change in…