Kingfot financial definition of Kingfot
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Fifth letter of a Nasdaq
stock symbol specifying the issue
has no voting rights.
1. Shorthand for 1,000.
2. A symbol appearing next to a stock
listed on NASDAQ
indicating that the share
has no voting rights
. All NASDAQ listings use a four letter abbreviation; if a K follows the abbreviation, this indicates that the share comes without voting rights attached to it.
Used frequently in the financial literature as a symbol for 1,000.
Used in the dividend column of stock transaction tables of newspapers to indicate dividends that have been paid so far during the year on an issue of preferred stock with dividends in arrears: pf 1.75k.