The Law Dictionary

KYC

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Know Your Customer; due diligence activities required to be taken by specified financial institutions and some regulated companies. … [Read more...]

KNOCK DOWN

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

To assign to a bidder at an auction by a knock or blow of the hammer. Property Itf said to be "knocked down" when the auctioneer, by the fall of his hammer, or by any other audible or visible announcement, signifles to the bidder that he is entitled to the property on 'paying the amount of his bid, according to the terms of the sale. "Knocked down" and "struck off" are … [Read more...]

KYMORTHA

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A Welsh term for a waster, rhymer, minstrel, or other vagabond who makes assemblies and collections. Barring. Ob. St 860. … [Read more...]

KNOCK OFF

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A counterfeit item. An illegal or unlawful copy of a branded item, usually a lower quality copy of a high quality item. … [Read more...]

KYTH

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Sax. Kin or kindred. … [Read more...]

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