Payment-In-Kind (PIK) Bond at Business Glossary
What is it? 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.Business Dictionary Term Definition Added By: Jonathan
The Payment-In-Kind (PIK) Bond definition has been viewed 323 Time(s)!
Send To Friends!
If you'd like to send the Payment-In-Kind (PIK) Bond definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Payment-In-Kind (PIK) Bond. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Business Terms:
Business Term Global Quota is A quota set by a nation on the total imports of a product from all countries.Business Term DISA is Defense Information Systems Agency
Business Term Invisible Barriers to Trade is Government regulations (national and local), and cultural conditions that do not directly restrict trade but hinder it with excessive and obscure requirements.
Business Term Modification, contract is See contract modification.
Business Term Arab Maghreb Union is A regional alliance seeking economic and political unity in Northern Africa. Members are Algeria, Libya, Mauritania, Morocco, and Tunisia.