kicker
American Heritage Dictionary:
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kick·er
(kĭk'ər) 
n.
n.
- One that kicks: a soccer player who was an excellent kicker.
- Informal.
- A sudden, surprising turn of events or ending; a twist.
- A tricky or concealed condition; a pitfall: "The kicker is that the relationship of guide and seeker gets all mixed up with a confusing male-female attachment" (Gail Sheehy).
- A condition that imposes an automatic increase, as in a pension plan.
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kicker
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1. Iighting instrument, located behind the subject and casting light behind the subject (backlight), the particular purpose of which is to add highlights to the head and hair. The kicker light is a variation of the backlight and is typically used for a glamour effect.
2. In the writing of copy for advertisements, subheadline that actually appears above the headline for the copy.
Barron's Banking Dictionary:
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Kicker
Extra feature in a loan, beyond ordinary payments of interest, demanded by a lender as a condition for extending credit. The effect is to increase the yield over the term of the financing. From a legal viewpoint, kickers have to be disclosed in consumer loans as part of the finance charges, and in some instances may violate state usury laws.
In real estate finance, a kicker is an equity participation in the gross receipts from rental property, or an ownership stake in the property itself. In an Equity Kicker the lender gets a given interest rate, plus a percentage of the rent over a certain dollar amount. Other forms of kickers are stock warrants exercisable at a future date, and rights to purchase securities.
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A payment required by a mortgage in addition to normal principal and interest.
See participation loan .
Example: Abel obtains a loan to purchase a retail store building.
The lender requires a kicker equal to 10% of gross sales in excess of $100,000 per month, in addition to principal and interest.
See participation loan .
Example: Abel obtains a loan to purchase a retail store building.
The lender requires a kicker equal to 10% of gross sales in excess of $100,000 per month, in addition to principal and interest.
| Kickback, Kick-Out Clause | |
| Kiosk, LAnd, Tenements, and Hereditaments |
Roget's Thesaurus:
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kicker
noun
- A clever, unexpected new trick or method: gimmick, twist. Informal wrinkle. Slang angle2, kick. See ability/inability, excite/bore/interest, good/bad.
1. Same as starter frame.
2. A piece of wood which is attached to a formwork member to take the thrust of another member.
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1. A right, exercisable warrant, or other feature that is added to a debt instrument to make it more desirable to potential investors by giving the debt holder the potential option to purchase shares in the issuer. The kicker may or may not actually be usable; often a certain breakpoint must be reached (such as a stock price above a certain level) before the kicker has any real value.
2. In real estate, an added expense that must be paid on a mortgage in order to get a loan approved. An example would be an equity stake in receipts of a retail or rental property.
Investopedia Says:
1. Kickers are essentially features that are added to "get the deal done", as they are exclusively for the benefit of lenders and used to add to their expected return on investment (ROI). A company that adds a kicker (for example, a rights offering) to a bond issue is only doing so because it will help get the entire issue into the hands of investors.
2. Real estate kickers can be shady practices, even illegal in some jurisdictions.
Related Links:
Learn the complex concepts and calculations for trading bonds including bond pricing, yield, term structure of interest rates and duration. Advanced Bond Concepts
Investing in bonds - What are they, and do they belong in your portfolio? Bond Basics Tutorial
Discover the advantages of this largely unexploited investment vehicle. Warrants: A High-Return Investment Tool
These securities offer an answer for investors who want the profit potential of stocks but not the risk. Introduction To Convertible Preferred Shares
Not sure what to do if a company invites you to buy more shares at discount? Here are some of your options. Understanding Rights Issues
Poker Rules and Terms:
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Kicker
A side card in your 5 card poker hand that determines which player wins a tie-break. The player with the higher kicker wins.
SoundPoker Says: Here is an example of how a kicker could dictate a tie-break in a classic Texas Hold'em battle A - K vs A - Q. After all 5 cards are on the board and both hands only match a pair of aces, the next highest card decides who will win. In this case the Ace - King would win simply because in poker a king ranks higher than the queen.
See Also: One Pair
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n. a clever but stinging remark; a sharp criticism; a zinger. I waited for the kicker, and finally it came.
Random House Word Menu:
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categories related to 'kicker'
- Journalism - kicker: brief head in small type above headline to indicate subject or draw reader’s interest
- Mortgages and Financing - kicker: loan surcharge
- Broadcast Journalism - kicker: cheery final story on newscast
- Football
- Limitations and Conditions
Wikipedia on Answers.com:
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Kicker (poker)
A kicker, also called a side card, is a card in a poker hand that does not itself take part in determining the rank of the hand, but that may be used to break ties between hands of the same rank.[1][2] For example, the hand Q-Q-10-5-2 is ranked as a pair of queens. The 10, 5, and 2 are kickers. This hand would defeat any hand with no pair, or with a lower-ranking pair, and lose to any higher-ranking hand. But the kickers can be used to break ties between other hands that also have a pair of queens. For example, Q-Q-K-3-2 would win (because its K kicker outranks the 10), but Q-Q-10-4-3 would lose (because its 4 is outranked by the 5).
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Kickers in draw poker
The term is also used in draw poker to denote an unmatched card (often an ace) retained by a player during the draw in the hope that either it will be paired on the draw, or else play as a kicker (in the first sense) on the showdown. A kicker may also be retained in order to deceive an opponent, for example, to represent a three-of-a-kind when the player has only a pair.
Kickers in Texas hold 'em
Kickers take on special importance in Texas hold 'em, because a common winning hand is one card in a player's hand matched with a card on the board, while the player's second card acts as a kicker. For example, if one player holds A-8, a second player holds A-7, and the board is A-K-6-5-4, the player with the A-8 will outkick the player with the A-7, since A-8's best hand is A-A-K-8-6, while the A-7's hand is A-A-K-7-6. It's a small difference, but the 8 beats the 7. However, if the board held A-K-Q-J-3, the players would tie, because both would play the hand A-A-K-Q-J; in this case it is said that the players' kickers "don't play", or that the "kicker on the board plays". In this case, there would be a split pot.
See also
References
- ^ Krieger, Lou (2006). The Poker Player's Bible. Struik. p. 249. ISBN 978-1-77007-469-9.
- ^ Wolpin, Stewart (1990). The Rules of Neighborhood Poker According to Hoyle. New Chapter Press. p. 335. ISBN 978-0-942257-19-9.
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American Heritage Dictionary
The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.
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Barron's Marketing Dictionary
Dictionary of Marketing Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.
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Barron's Banking Dictionary
Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.
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Barron's Real Estate Dictionary
Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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Roget's Thesaurus
Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary Copyright © 1995 byHoughton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.
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McGraw-Hill Dictionary of Architecture & Construction
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McGraw-Hill's Essential American Slang Dictionary. Copyright © 2007 by McGraw-Hill Companies, Inc. All rights reserved.
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