| Know-How, Knock-Off, Knights of Labor | |
| Knowledge Management, Knowledge-Based Pay, Kondratieff Cycle or Kondratieff Wave |
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
Business (1 of 2 sources)
Ethical concept in the securities industry holding that when recommending a financial transaction a broker should have reasonable grounds for believing the recommendation suits the customer’s financial situation and needs. Customers opening accounts at brokerage firms must supply financial information that satisfies the know-your-customer requirement for routine purposes.
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