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Keiretsu

Japanese based) An informal group of businesses, typically with interlocking corporate or individual shareholders and a member bank, that strive to encourage cooperation amongst themselves for mutual benefit.

KEOGH Plan

(U.S. tax/investment based): A tax-deferred retirement plan for self-employed individuals.

Kickback

An undisclosed payment back to the person, company or regulatory governing body that has the power to award such job, contract or transaction (i.e. monetary payment to a given company for the award to perform certain contractual work).

Kip

The principal currency unit of Laos.

Kite

A fraudulent scheme in which checks are deposited and drawn with a strategic timing that keeps the depository credit ahead of the withdrawal deduction, thereby providing a use of funds that only imaginarily exist.

Koruna

The principal currency unit of the Czech Republic and Slovakia

Krġna

The principal currency unit of Iceland and Sweden

Krone

The principal currency unit of Denmark.

Kroon

The principal currency unit of Estonia

Kwacha

The principal currency unit of Malawi and Zambia.

Kwanza

The principal currency unit of Angola.

Kyat

The principal currency unit of Burma/Myanmar.





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