PIK
Americannoun
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.
Cash interest and dividends will come in as long as borrowers have the cash flow, but PIK collection depends on investments getting repaid, refinanced or sold, he notes.
From Barron's • May 6, 2026
Since investors prefer to get their dividends in cash, a fund that’s getting more of its interest as PIK must find the cash for dividends elsewhere—or cut the dividend.
From Barron's • May 6, 2026
Ares has a line showing the cash received for the principal payoff, and then a separate line showing cash collected for the deferred PIK interest when loans are paid off.
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
The ratings firm says nonbank direct lenders known as BDCs show increased signs of stress with the rise in interest from PIK loans.
From The Wall Street Journal • Mar. 31, 2026
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
