Универсальный англо-русский словарь. Академик.ру. 2011.
PIK toggle — USA A feature whereby the borrower under a note can choose to make interest payments either in cash or by payment in kind (PIK) and can alternate back and forth between the two forms of interest payments within certain parameters. This feature… … Law dictionary
PIK debt — United Kingdom A type of junior debt on which the borrower (or issuer) pays no cash interest (or yield) until the principal amount is repaid (or redeemed). PIK debt can be structured in a variety of ways, including as a subordinated loan, a deep… … Law dictionary
PIK — payment in kind (PIK) USA In the case of bank loans, a feature whereby the interest is added to the principal balance of the loan (referred to as capitalized) instead of being paid to the lender in cash (called cash pay interest). In the case of… … Law dictionary
PIK loan — A PIK Loan is a type of loan which typically does not provide for any cash flows from borrower to lender between the drawdown date and the maturity or refinancing date, not even interest or parts thereof (see mezzanine loan), thus making it an… … Wikipedia
PIK securities — Also: payment in kind securities Highly bonds or preferred stock that pay interest or dividends through additional bonds or preferred stock. Bloomberg Financial Dictionary … Financial and business terms
cash-pay interest — See payment in kind (PIK) Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Mezzanine capital — Mezzanine capital, in finance, refers to a subordinated debt or preferred equity instrument that represents a claim on a company s assets which is senior only to that of the common shares. Mezzanine financings can be structured either as debt… … Wikipedia
Mezzanine fund — A mezzanine fund is a type of private equity or merchant banking fund. A typical mezzanine investment consists of a debt or debt like instrument, paired with an equity “sweetener.” The equity component of the investment gives the mezzanine lender … Wikipedia
pique — /pik / (say peek) verb (t) (piqued, piquing) 1. to affect with sharp irritation and resentment, especially by some wound to pride: to be piqued at a refusal. 2. to wound (the pride, vanity, etc.). 3. to excite (interest, curiosity, etc.): *the… …
Negative amortization — In finance, negative amortization, also known as NegAm, deferred interest or graduated payment mortgage, occurs whenever the loan payment for any period is less than the interest charged over that period so that the outstanding balance of the… … Wikipedia
History of private equity and venture capital — The history of private equity and venture capital and the development of these asset classes has occurred through a series of boom and bust cycles since the middle of the 20th century. Within the broader private equity industry, two distinct sub… … Wikipedia
