See Also: Payment in kind(finance)
PIK (Payment-in-kind) securities(finance)
Payment in kind (PIK) bond(finance)
Payment-in-kind (PIK) bond(money)
PIK (Payment-in-kind) securities(money)
embrocate(dictionary)
embrocate(medicine)
Tight money or dear money(finance)
Three Of A Kind(casino)
Five of a Kind(casino)

Payment-in-kind (PIK) bond (money) and embrocate (iou)


Payment-in-kind (PIK) bond (money)


Definition: [crh] A bond that gives the issuer an option (during an initial period) either to make coupon payDefinition: ments in cash or in the form of additional bonds.







embrocate (iou)



embrocate verb trans. Now rare or obsolete. E17.
[medieval Latin embrocat- pa. ppl stem of embrocare: see EMBROCATION, -ATE3.]
Medicine. Bathe (a diseased or painful part of the body) with liquid.