Financial Dictionary

This dictionary contains:
24549
financial terms

Kiddie tax




Kiddie tax

In the US, a tax imposed on the investment income of children under the age of 14 where such income exceeds a certain level.

RELATED TERMS
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Investment
The purchase of materials, machines, property, securities, etc. in order to produce income or profits.

Income
Money received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. Shares will, in most but not all cases, provide income in the form of twice-yearly dividends.

Level
Used in the context of general equities. Price measure of an indication.



SIMILAR TERMS
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PREVIOUS AND NEXT TERMS
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Key rate duration
Holding all other maturities constant, this measures the sensitivity of a security or value of a portfolio to a 1% change in yield for a given maturity.

Keynesian economics
A term used to describe the economic theories of John Maynard Keynes. A key feature is the assumption that fiscal policies are important determinants of short- run economic activity.

Keynesianism
The belief that government intervention in the economy is sometimes necessary as the market system does not automatically lead to full employment.

Kickback
1) In the context of finance, refers to compensation of dealers by sales finance companies for discounting installment purchase paper. 2) In the context of contracts, refers to secret payments made to insure that the contract goes to a specific firm.

Kicker
A right, warrant, or some other feature added to a debt instrument to make it more desirable to potential investors.

Kiddie tax

Killer bees
Those who help a company fend off a takeover attempt with the use of defensive strategies.

KISS
A quotation information service system registering and transmitting real-time quotations on the Frankfurt stock market.

Kiting
1) Used in banking to refer to the practice of depositing and drawing checks at two or more banks and taking advantage of the time it takes for the second bank to collect funds from the first bank. 2) Also refers to illegally increasing the face value of a check by changing the numbers on the check. 3) In the context of securities, refers to the manipulation and inflation of stock prices.

Knock for knock agreement
Although it currently rarely applies, this is a motor insurance term describing an agreement between insurance companies where each pays the claims of its own clients following an accident.

Knock in option
A latent option contract that begins to function as a normal option ("knocks in") only once a certain price level is reached before expiration.

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This dictionary contains 24549 terms.







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