Meaning PAYMENT-IN-KIND (PIK) BOND: A bond that gives the issuer an option (during an initial period) either to make coupon payments in cash or in the form of additional bonds
More terms such as Payment-in-kind (PIK) bond in Dictionary P.
- Definition Portfolio Beta:
- Examples of general equities. The beta of a portfolio is the weighted sum of the individual asset betas, According to the proportions of the investments in the portfolio. E.g., if 50% of the money is in payment-in-kind (pik) bond definition.
- Definition Piggybacking:
- Examples trading stocks, bonds or commodities in a personal account following a trade just made for a customer. The broker assumes that the customer is making the trade on valuable inside information. Illegal payment-in-kind (pik) bond explain.
- Definition Passive Bond:
- Examples A bond without any interest yield payment-in-kind (pik) bond what is.
- Definition Partner:
- Examples Business associate who shares equity in a firm payment-in-kind (pik) bond meaning.
- Definition Pay-To-Play:
- Examples Attempts by municipal bond underwriting businesses to gain influence with political officials who decide which underwriters are awarded the municipality's business payment-in-kind (pik) bond abbreviation.
