Payment in kind: Difference between revisions
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imported>Doug Williamson m (Spacing 21/813) |
imported>Doug Williamson (Classify page.) |
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(PIK). | (PIK). | ||
Non-cash payment of interest coupons on a security. For example by an increase in the amount of principal owed by the borrower. | 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 == | == See also == | ||
* [[Benefit in kind]] | * [[Benefit in kind]] | ||
* [[PIK notes]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 06:43, 2 July 2022
1.
Any non-cash form of payment.
2.
(PIK).
Non-cash payment of interest coupons on a security.
For example by an increase in the amount of principal owed by the borrower.
