It stands for pay-in-kind debenture; a bond that confers on the issuer the option to pay interest with additional pay-in-kind...

A bond that confers on the issuer the option to pay interest with additional pay-in-kind (PIK) debentures (baby bonds) rather...

The interest or dividend income that is paid by a borrower through the issuance of debt or stock (new securities)...

An abbreviation for payment in kind. It refers to interest or dividend income that is paid by a borrower through...