HomeDefinitionsCompareDebt Payment in kind (PIK) bondThe financial definition for Payment in kind (PIK) bond: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. Similar MatchesBalance of paymentsBalance of paymentsA statistical compilation formulated by a sovereign nation of all economic transactions between residents of that nation and residents of all other nations during a stipulated period of time, usually a calendar year. Balloon PaymentBalloon PaymentThe final (large) payment that repays all the remaining principal and interest of a partially amortized or unamortized loan. Break even lease paymentBreak even lease paymentThe lease payment at which a party to a prospective lease is indifferent between entering and not entering into a lease arrangement. Further SuggestionsBreak even payment rateClearing House Automated Payments System (CHAPS) Clearing House Interbank Payments System (CHIPS) Date of payment Deferred payment annuity Discount payment Documents against payment Click to compare definitions of Payment in kind (PIK) bond Click to view definitions beginning pa |