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  • Monday, April 28, 2025
  • The Financial Encyclopedia
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PIK Debenture

It stands for pay-in-kind debenture; a bond that confers on the issuer the option to pay interest with additional pay-in-kind...

    Pay-In-Kind Debenture

    A bond that confers on the issuer the option to pay interest with additional pay-in-kind (PIK) debentures (baby bonds) rather...

      Payment In Kind

      The interest or dividend income that is paid by a borrower through the issuance of debt or stock (new securities)...

        PIK

        An abbreviation for payment in kind. It refers to interest or dividend income that is paid by a borrower through...