Payment in kind: Difference between revisions
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imported>Doug Williamson (Spacing.) |
imported>Doug Williamson (Link with PIK notes page.) |
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== See also == | == See also == | ||
* [[Benefit in kind]] | * [[Benefit in kind]] | ||
* [[PIK notes]] |
Revision as of 20:26, 21 August 2017
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.