PIK
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Since investors prefer to get their dividends in cash, a fund that’s getting more of its interest as PIK must find the cash for dividends elsewhere—or cut the dividend.
From Barron's • May 6, 2026
Adding last year’s $280 million of PIK collections and $100 million in investment gains to $1.1 billion of cash net investment income, the $1.26 billion in 2025 dividends were covered.
From Barron's • May 6, 2026
PIK loans have become entrenched in direct lending.
From Barron's • May 6, 2026
PIK collected as part of a loan payoff seems a less reliable source of dividend cash than regularly paid cash interest, says Nick Nemeth, a consultant and independent analyst who has studied private credit.
From Barron's • May 6, 2026
The ratings firm says nonbank direct lenders known as BDCs show increased signs of stress with the rise in interest from PIK loans.
From The Wall Street Journal • Mar. 31, 2026
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
