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KAME - small mound or hill composed of stratified glacial deposits.

KEENE'S CEMENT - unusually tough and durable gypsum plaster to which alum has been added. Used primarily for walls of commercial buildings.

KEEPER - term seldom used in the United States. A custodian of a building or grounds.

KELP-SHORE - shore between the high and low water marks.

KEOGH PLAN - retirement plan whereby a self-employed person may set aside a certain portion of income (tax deferred) into a retirement account. The money is taxable upon withdrawal at retirement when the person's tax bracket is often lower.

KERF - (1) notch or slit made by a saw. (2) The width of the cut of a saw blade.

KEY LOT - (1) strategically located lot, adding to its value. (2) A lot adjoining a corner lot at its rear property line with frontage on the secondary street. Also called a Butt Lot.

KEY TENANT - Also See: Prime Tenant.

KEYMAN INSURANCE - Insurance through loss (through death or disability) of a "key" (important) person in a company. The liability is the estimated cost of the loss (in business lost, and replacement of the individual). Some lenders require this insurance before lending to small companies which rely on one or a few "key" people.

KEYSTONE - piece, usually wedge shaped, at the top of an arch.

KICK PLATE - metal or plastic strip, placed at the lower edge of a door or on a riser of a step to protect it from damage by accidental kicking.

KICKBACK - term generally used to describe an illegal rebate. Also See: Rebate.

KICKER - Also See: Participation.

KILN - (1) oven which reaches high temperatures for baking ceramics or bricks. (2) A room or shed through which warm, dry air is circulated to dry lumber.

KILO - One thousand; a prefix (kilometer - 1000 meters; kilogram - 1000 grams).

KILOGRAM - 1000 grams (2.204 pounds).

KILOMETER - 1000 meters. See also: Meter (1).

KILOVOLT - 1000 volts.

KILOWATT - 1000 watts.

KILOWATT HOURS - 1000 watt-hours.

KIN - Those related by blood.

KIOSK - open pavilion such as a bandstand or newsstand. Used to describe the structures in the open areas of malls that sell specialty items.

KIP - 1000 pounds. Formed by combining the words kilo and pound.

KITE WINDER - steps at the curvature of a circular stairway, which are triangular, or kite-shaped.

KNOCK DOWN - Any parts of a building which can be easily assembled, installed, or removed, such as certain types of window frames, partitions, etc.

KNOLL - small rounded hill.

KNOT - (1) hard, irregular shaped defects in boards, caused by cutting at the point where the branch of the tree meets the trunk. (2) A measure of speed, equal to one nautical mile (approximately 6,076 ft.) per hour

Whatever your financing needs,
we will tailor a loan that's right for you.

 
 
 


Daily Oil & Gas and Wall Street Journal News
5/22/19

Oil Prices Down More Than $1
Posted on Tuesday May 21, 2019

Both the WTI and Brent contract prices fell by more than $1 Wednesday.

Icahn-Backed CVR Energy Considers Selling
Posted on Tuesday May 21, 2019

The refiner also inked a deal to sell its 1.5 million-barrel storage terminal and related assets in north-central Oklahoma for $36 million.

Pioneer Cuts Hundreds of Workers in Texas
Posted on Tuesday May 21, 2019

The Permian pure-play company has reportedly cut 25 percent of its workforce as it continues to cut costs.

Louisiana Project's Price Tag Rises Again
Posted on Tuesday May 21, 2019

Sasol has raised the projected capital cost of its Lake Charles Chemical Project again.

Aramco Taps into US Shale Gas Boom
Posted on Tuesday May 21, 2019

Saudi Aramco agrees to a buy a stake in Sempra Energy's Texas LNG export terminal.

Top 2019 US Oil Stock Has No Permian Stake
Posted on Tuesday May 21, 2019

This year's top-performing U.S. oil producer doesn't have any operations in the world's fastest-growing shale play.

Gazprom Makes 17Tcf Gas Discovery
Posted on Tuesday May 21, 2019

Gazprom discovers two new fields containing over 17 trillion cubic feet of gas on the Yamal shelf.

Offshore Oilfield Service Growth Likely to Halve
Posted on Tuesday May 21, 2019

The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy.

Oil Heads for Biggest Drop in 2 Weeks
Posted on Tuesday May 21, 2019

Oil headed for its biggest drop in two weeks as signs the worsening U.S.-China trade war will take a toll on global economic growth overshadowed the prospect of OPEC+ extending output curbs.

Crude Oil Futures Mixed Again
Posted on Monday May 20, 2019

For the second straight trading day, WTI and Brent price movements were mixed.

Wall Street Journal
Commercial News

5/22/19


BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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