What is the meaning of PIK?

Subtopics: Payment-in-kind 

PIK means Payment in kind – a proportion of interest which is accrued on mezzanine/junior debt and paid either on a certain date or when the business is sold, whichever comes first.

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APABarry Goldsmith. (2010). pik. Retrieved October 1, 2026, from http://smartdefine.org/pik/definitions/1160592
ChicagoBarry Goldsmith. 2010. "pik" http://smartdefine.org/pik/definitions/1160592 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, pik, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/pik/definitions/1160592>.
MLABarry Goldsmith. "pik" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/pik/definitions/1160592>