Payment-in-kind (PIK) bond is 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.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). payment-in-kind (pik) bond. Retrieved October 1, 2026, from http://smartdefine.org/payment-in-kind_(pik)_bond/definitions/1160324 |
| Chicago | Barry Goldsmith. 2010. "payment-in-kind (pik) bond" http://smartdefine.org/payment-in-kind_(pik)_bond/definitions/1160324 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, payment-in-kind (pik) bond, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/payment-in-kind_(pik)_bond/definitions/1160324>. |
| MLA | Barry Goldsmith. "payment-in-kind (pik) bond" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/payment-in-kind_(pik)_bond/definitions/1160324> |