Business terms starting with K

6 terms

1. Keogh Funds A tax-deferred retirement-savings plan for small business owners or self-employed individuals who have earned income from their trade or business.
2. Keogh plan A group of qualified retirement plans, including profit sharing and money purchase defined contribution plans and a defined benefit plan, is available to…
3. key A block, often used in a series, which projects beyond the edge of the enframement of an opening and is joined with the surrounding masonry.
4. key lot Real estate deemed highly valuable because of its location.
5. Keystone The central wedge-shaped member of a masonry arch; also used as a decorative element on arches in wood structures.
6. Kiting Writing a check in an amount that will overdraw the account but making up the deficiency by depositing another check on another bank.