Glossary-K

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Key Rate
The interest rate set by the central bank that influences lending rates and monetary policy (e.g., the Federal Reserve's federal funds rate).
 
Kick-out
The A-term is sometimes used in underwriting or loan review to refer to a loan application or deal that has been rejected or flagged for issues.
 
Knock-In Option / Knock-Out Option
More advanced financial terms in derivative lending or investment products, related to options that activate or deactivate at certain price points.