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 Payoff Diagram:
- Examples In option pricing, a graph of the value of the option position at expiration as a function of the underlying asset price payment-in-kind (pik) bond definition.
- Definition P;L:
- Examples Profit and loss statement for a trader payment-in-kind (pik) bond explain.
- Definition Prepayment Speed:
- Examples Also called speed, the estimated rate at which mortgagors pay off their loans ahead of schedule, critical in assessing the value of mortgage pass-through securities payment-in-kind (pik) bond what is.
- Definition Par Bond:
- Examples A bond trading at its face value payment-in-kind (pik) bond meaning.
- Definition Presidential Election Cycle Theory:
- Examples A theory that stock market trends can be predicted and explained by the four-year presidential election cycle payment-in-kind (pik) bond abbreviation.
