Payment-in-Kind (PIK)

Payment-in-Kind (PIK),

Payment-in-Kind (PIK) Meanings:

Paymentinkind (PIK) is the use of a product or service by payment other than cash. A payment indicator also refers to a financial instrument that pays investors interest or dividends on bonds, notes or preferred shares with additional bonds or shares instead of cash.

  • Paymentinkind (PIK) is the use of goods or services as payment or compensation.
  • The term Paymentinkind is also used to refer to cash payments for work payments or services.
  • The Internal Revenue Service (IRS) refers to payments as foreign exchange earnings and individuals earning foreign exchange earnings are required to declare it on their tax returns.

Literal Meanings of Payment-in-Kind (PIK)

Payment:

Meanings of Payment:
  1. The act or process of paying or receiving something or something.

  2. Paid or payable

Sentences of Payment
  1. Ask for a discount

  2. A $ 2,500 interim settlement

Synonyms of Payment

remittance, remission, settlement, discharge, clearance, liquidation, reckoning, instalment, premium, amount

In:

Meanings of In:
  1. Explain the situation of being surrounded by something or appearing surrounded by something else.

  2. Indicate the period during which an incident occurred or the situation remained the same.

  3. Describe delays before future events occur.

  4. (Usually followed by a noun without a definite article) which expresses a condition or condition.

  5. Participation or expression participation.

  6. Please show someone's work or work.

  7. Language or media description used.

  8. As an integral part (an activity)

  9. Express movement as a result of someone or something getting stuck or surrounded.

  10. Expresses being surrounded by a situation or something.

  11. The express has reached its destination.

Sentences of In
  1. You are wearing the best clothes for Sunday

  2. They met in 1885

  3. See you in fifteen minutes

  4. Fall in love

  5. I read in a book

  6. He works in publications

  7. Says in Polish

  8. When planning public spending, it's best to be cautious

  9. front of

  10. We were closed

  11. The train arrived too late

Synonyms of In

inside, within, in the middle of, within the bounds of, within the confines of, during, in the course of, in the time of, over, after, at the end of, following, subsequent to, indoors, into the interior, into the building, into the house, into the room, high, at its highest level, rising, present, home, at home

Kind:

Meanings of Kind:
  1. A group of people or objects with similar characteristics.

  2. Introduce or demonstrate a kind, generous and supportive character.

Sentences of Kind
  1. All types of music

  2. She is a kind and compassionate woman

Synonyms of Kind

sort, type, variety, style, form, class, category, genre, kindly, good-natured, kind-hearted, tender-hearted, warm-hearted, soft-hearted, good-hearted, tender, caring, feeling, affectionate, loving, warm, gentle, mellow, mild