A key person insurance policy is a life insurance policy purchased by a corporation on the life of an owner, a senior executive, or another individual deemed vital to the organization. The firm is the policy's beneficiary and pays the premiums. This is also known as "key man (or "keyman") insurance, " "key lady insurance, " and "business life insurance."Important TakeawaysA key person insurance policy is a life insurance policy purchased by a corporation to cover the death of senior executive or other vital personnel.Such insurance is required if the death of that individual would be catastrophic to the company's ... Read More

Key currency is a stable currency, one that does not vary too much, and as such, it may be used to assist fix exchange rates and facilitate international transactions. It's also used to impact the World's most significant currencies, an example of which is given below diagram. The British pound, the United States dollar, the euro, and the Japanese yen are all considered to be important currencies.Illustration of key currenciesIn international financial transactions, a key currency serves as a point of reference for the value of the transaction as It offers stability of exchange rates in the foreign exchange market ... Read More

Keogh plan is a retirement pension plan provided to self-employed people and independent companies for their retirement. The plan could be set up as either a definedbenefit or a defined-contribution plan, with many opting for the second configuration. The plans are still being utilized by individuals in the USA, however with the beginning of 401(k) plans, they have reduced in popularity.Keogh Plan – tax deferred planKey Points brieflySelf-employed persons and unincorporated enterprises may opt in Keogh plans, that have the benefit of being tax-deferred pension plans and may be either defined-benefit or defined-contribution in nature.Independent contractors are not permitted to ... Read More

Insurance companies employ the Kenney rule, also known as the Kenney ratio, to advise them in the case of a claim. The rule is also used to keep Insurers from going bankrupt. According to the regulation, Insurers should avoid writing premiums that are equal to or more than two or more times their surplus and capital. As a result, the suggested ratio is 2 to 1.History of the Kenney Rule in a nutshellIt was published in 1949 in Roger Kenney's book, "Fundamentals of Fire and Casualty Insurance Strength, " in which he detailed his research and development of the Kenney ... Read More

The Keltner Channel is a technical analysis indicator that is made up of three independent lines that are connected. It consists of a central moving average line, as well as channel lines that are situated above and below the center line.This is an example of Keltner Channel below −Source − TradingViewKeltner Channel SummaryKeltner The term "channel” describes to a technical analysis indication that is made up of three distinct lines. In addition to a central moving average line, channel lines positioned above and below the central one is included in this equation.It was called after American grain trader Chester W. Keltner, ... Read More

In finance, the Kelly criteria is a mathematical formula for bet size that is widely used by investors to calculate how much money they should devote to each investment of their portfolio of assets. This strategy yields long term gains for the investors over other methods and is used by Billionaire Warren Buffet.Formula for the Kelly CriterionKelly Criterion Formula$$K\%=\frac{bp-q}{b}$$Where −K percent = The Kelly percentage, which is the proportion of the portfolio that will be gambled.b = the decimal odds, which are always equal to one.p = the chance of winning.q = the probability of losing, which is equal to ... Read More

Keep and pay is a form of bankruptcy exemption that allows you to keep your property. It allows a person to maintain an item such as a home or a vehicle, as long as the individual continues to make payments on the item.Key Points BrieflyKeep and Pay is a bankruptcy technique where the individual maintains the ownership of asset after filing of bankruptcy. The individual also agrees to a payment schedule and state their intentions in the courts.All of the exemptions in bankruptcy apply to assets that the filer is allowed to keep. All other nonexempt property may be liquidated ... Read More

The KBW Bank Index is a stock market index that measures the performance of the banking industry. Investment bank Keefe, Bruyette and Woods, that have a strong presence in the financial industry, created this index. It is consisted of a weighted average of 24 banking stocks that have been recognized leading indicators for this business group. The equities stand for significant national wealth development banks, regional banks, and savings organizations established in the United States of America.Below is an example of the past year data of Nasdaq KBW Bank Index −Source − BloombergMarketsKey Points SummaryKBW Index keeps an account of the ... Read More

Kangaroo Bonds are issued by foreign companies in the Australian market in the country under the Australian Dollar (AUD) and they have to comply with the rules and regulations of Australian Securities and Investment Commissions securities. They are also known as Matilda bonds.The primary authority to issue the Kangaroo bond lies with sovereign, universal, and agency (SSA) with others following suit. Kangaroo bonds can be issued by international banks, financial institutions, and overseas corporations as well as individuals. The recent trend has seen a decline in their numbers due to the lower ratings.What are the benefits of a Kangaroo Bond?With ... Read More

Traders use the Kairi Relative Index to determine whether it is appropriate to purchase or sell a certain asset. It analyzes the price's divergence from the simple moving average (SMA) of that asset's price over a given period of time, which is commonly 10 to 20 days.If the price of an asset is much higher than the asset's simple moving average over a specified time period, the Kairi Relative Index encourages selling. Whenever the price of a security is much lower than the simple moving average, the index supports purchasing the security.Kairi Relative Index in a GlanceThe Kairi Relative Index ... Read More