Payment In-Kind - PIK

What Does Payment In-Kind - PIK Mean?
The use of a good or service as payment, instead of cash. Also known as "paid in-kind."

Investopedia explains Payment In-Kind - PIK
A good example is a farmhand who is paid room and board for helping out on the farm instead of earning wages.

Another example is the use of securities instead of cash as a deposit into a retirement savings plan.

Filed Under: Acronyms, Retirement

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Distribution In-Kind
Payment In Kind Bond
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