Abbr. Russian Klub Veselih i Nahodchivyh.
Literal meaning: The club of the happy and the witty.
Low quality performance art, originated in the USSR. Conducted as a competition between two or more teams, where each of the teams has to outwit the others. Similar to improv comedy.
- Tetya Fekla, have you seen the latest KVN on TV?
- No, Ignatik, I am so busy, I don't have time for that shit!

- Marusya, turn the TV off.
- But, Mom, KVN is on.
- If you continue watching it, I'll disown you and you'll have to find a different cosigner for your college loans!
by Itzik August 09, 2005
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