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Kangaroos
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Slang term for Australian stocks, it refers mostly to the stocks on the All Ordinaries index, which is composed of 280 of the most active Australian companies.
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KEOGH ACCOUNTS (IRA)
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Special accounts where you can save and invest, and the taxes are deferred until money is withdrawn.
These plans are subject to frequent changes in law with respect to the deductibility of contributions. Withdrawals of Tax deferred contributions are taxed...
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Keogh Plan
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A retirement plan for self-employed people and their employees, to yearly Tax deductible contributions up to a specified Limit can be made if the plan meets certain requirements of the Internal Revenue Code.
A Tax-deferred qualified retirement account...
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Key logger
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Key loggers are hardware devices or software programs which record all information entered into a machine via a keyboard.
Criminals deploy both types of key loggers to capture personal information such as passwords and credit card numbers. Key loggers...
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Keynesian
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A term used to describe the economic theories of John Maynard Keynes.
A key feature of those theories is the assumption that fiscal policies are important determinants of Short- run economic activity.
Keynes maintained that governments should use the...
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Kiddie Tax
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A Tax on children under 14 who earn income over $1,200. The extra income is taxed at the guardian's rate.
The kiddie Tax rule exists in the United States of America which taxes certain unearned income of a child at the parent's marginal rate, no matter...
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KIPPERS
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Kids In Parents' Pockets Eroding Retirement Savings.
A slang term referring to adult children who are out of school and in their working years, but are still living at home with their parents. These parents face the challenge of managing their own finances...
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Kiting
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Illegally benefiting from float, for example by depositing and drawing checks between accounts at two or more banks.
The act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial...
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