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PIK

American  
Or p.i.k.

noun

  1. payment in kind.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

So-called PIK loans are riskier than cash-pay loans since investors are paid with more debt.

From Barron's

PIK loans generally are made to earnings-poor companies that lenders hope will become more profitable.

From Barron's

Five years ago, PIK at Goldman’s BDC trended at around 4% of its total investment income.

From The Wall Street Journal

Carolina Soto Pik, who has been a user for five years and a volunteer for two, describes the sauna as "my therapy".

From BBC

"Strong income reductions are projected for the majority of regions, including North America and Europe, with South Asia and Africa being most strongly affected. These are caused by the impact of climate change on various aspects that are relevant for economic growth such as agricultural yields, labour productivity or infrastructure," says PIK scientist and first author of the study Maximilian Kotz.

From Science Daily