PIK

Payment in kind – a proportion of interest which is accrued on mezzanine/junior debt and paid either on a certain date or when the business is sold, whichever comes first.

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PIK

See: Payment-in-kind bond
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosp.htm

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PIK

Prestwick Airport (airport code)
Found on http://www.scot-rail.co.uk/page/Glossary

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