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Glossary   >   P   >   "Payment in Kind Bonds - PIK" Definition            Payment in Kind Bonds - PIK A type of bond that pays interest in additional bonds, as opposed to cash payouts. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Payment in Kind Bonds - PIK - A type of bond that pays interest in additional bonds, as opposed to cash payouts.