Payment in kind

From The Jolly Contrarian
Revision as of 19:11, 27 November 2021 by Amwelladmin (talk | contribs) (Created page with "{{g}}{{d|Payment in kind|/ˈpeɪmənt ɪn kaɪnd/|n|}}(also a “'''PIK'''”) A kind of modern-day barter: I pay you in securities, or assets, rather than their cash val...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


Index — Click the ᐅ to expand:

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

Payment in kind
/ˈpeɪmənt ɪn kaɪnd/ (n.)
(also a “PIK”)

A kind of modern-day barter: I pay you in securities, or assets, rather than their cash value. May also refers to a financial instrument that pays income to investors with additional securities or equity instead of cash.