Payment in kind: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 21/813) |
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1. Any non-cash form of payment. | 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. | |||
== See also == | == See also == | ||
* [[Benefit in kind]] | * [[Benefit in kind]] | ||
Revision as of 13:57, 21 August 2013
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.
