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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.

See Examples For:

Even as lenders pull back on offering PIK, there is still plenty of it on their existing loans.

From The Wall Street Journal ● Aug. 11, 2026

The pullback extends to PIK, which has become an essential feature for borrowers in need of a reprieve from payments.

From The Wall Street Journal ● Aug. 11, 2026

Some 13.5% of new private-credit loans originated in the second quarter had a PIK provision, according to investment-banking adviser Lincoln International, down from 25% at the end of last year.

From The Wall Street Journal ● Aug. 11, 2026

In 2025, noncash PIK interest and dividends were nearly $490 million, or 34%, of Ares’ net investment income.

From Barron's ● May 6, 2026

To win loan deals in recent years, Ares allowed many borrowers to defer paying cash interest with payments-in-kind, or PIK, that get tacked on to the outstanding loan.

From Barron's ● May 6, 2026

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