PIK
Payment In Kind
A PIK or PIK loan is a loan characterized by the fact that the payment of interest is not necessarily made in currency. The interest can be paid, for example, in the form of another debt security, by securities issued by the borrowing company or via the issuing of stock purchase options.
- ABS
Asset backed security - Asset
- Balance of payments
- Balance
- Bank for International Settlements
BIS - Banker’s guarantee
- Bond market
- Bond
- CDO
Collateralized Debt Obligations - CDS
Credit Default Swaps - Central Bank
- CFTC
Commodity Futures Trading Commission - Chicago Boys
- CLO
Collateralized Loan Obligation - CMBS
Commercial Mortgage Backed Securities - Collateral
- Commodities
- Common goods
- Corporate bonds
- Credit derivative
- Debt refinancing
- Debt rescheduling
- Debt service
- Debt stock
- Deposit or commercial bank
- Derivatives
- Devaluation
- EBA
European Banking Authority - ECB
European Central Bank - Emergency Liquidity Assistance
ELA - Equity
- ESM
European Stability Mechanism - EURIBOR
Euro Interbank Offered Rate - Export Credit Agency
- FED
Federal Reserve - Financial contracts
- Financial instruments
- Financial market
- Financial proceeds
- Financial securities
- Food crops
- FSB
Financial Stability Board - Futures market
- Futures
- G20
- G8
- GDP
Gross Domestic Product - Genetically Modified Organisms
GMO - Goodwill
- Government debt
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