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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.

 
 
 

Wall Street Journal
Commercial News

9/18/21

WSJ.com: US Business

Private Astronauts Float Through Orbit With Video Calls, Cold Pizza, Earth Views
SpaceX says it plans to land crew in the waters off Florida just after 7 p.m. on Saturday.

Lockdowns in Asia Deepen Commodity Supply-Chain Pain
The recent surge in Covid-19 cases in Southeast Asia has throttled ports and locked down plantations and processors, sparking extended disruptions of raw materials such as palm oil, coffee and tin.

FDA Advisory Panel Votes Against Recommending Booster Shots Widely
An advisory panel endorsed Covid-19 boosters for people age 65-plus or at high risk but said there wasn?t enough data to justify giving it to the general population.

U.S. Safety Agency to Probe Fatal Tesla Crash in Florida
The National Transportation Safety Board said its investigation would focus on the operation of the Tesla Model 3 car and a postcrash fire.

State Funds Drop Unilever After Ben & Jerry's Israel Clash
Two months after the ice cream brand moved to stop retailing its products in Jewish settlements in the West Bank, several state funds are selling or threatening to sell their investments in parent company Unilever.

U.S. Economy Shows Resilience During Delta Surge
Americans increased spending at retailers last month, while employers have largely resisted the urge to lay off workers, both signs of strong demand in the economy.

U.S. to Target Crypto Use in Ransomware Attack Payments
The Biden administration is preparing an array of actions, including sanctions, to disrupt the digital finance infrastructure that facilitates ransomware cyberattacks, a national security threat traced to Russia.

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