Payment in kind and Payoff: Difference between pages

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1. In relation to an option, the terminal cashflow.


Any non-cash form of payment.
2. The gain or loss resulting from a strategy, excluding sunk costs.


3. The net gain or loss from a strategy, including any front-end payment or receipt.


2.
== See also ==
 
* [[Option]]
(PIK).
   
 
Non-cash payment of interest coupons on a security.  
 
For example by an increase in the amount of principal owed by the borrower.


== See also ==
* [[Benefit in kind]]

Revision as of 14:20, 23 October 2012

1. In relation to an option, the terminal cashflow.

2. The gain or loss resulting from a strategy, excluding sunk costs.

3. The net gain or loss from a strategy, including any front-end payment or receipt.

See also