Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• PIK - Payment in kind – a proportion of interest which is accrued on mezzanine/junior debt and paid eit...
  
  
• PIK (PAYMENT-IN-KIND) SECURITIES - Highly bonds or preferred stock that pay interest or dividends throu...
  
  
• PIN - Personal identification number used for security purposes on bank cards (also known as debit card...
  
  
• PIN RISK - Is the uncertainty that an option position may be exercised into the underlying instrument. ...
  
  
• PINK PEARL - a type of a pencil-lead eraser that auditing companies use.
  
  
• PINK SHEETS - Every trading day, the National Quotation Bureau publishes the bid and ask prices for unl...
  
  
• PIP - Also known as personal injury protection or medical payments coverage. This part of an auto insur...
  
  
• PIPE - See: Private Investment in Public Equity
  
  
• PIPE (PRIVATE INVESTMENT IN PUBLIC EQUITY) - refers to any private placement of securities of an alread...
  
  
• PIPE DREAM - unrealistic, from opium smoking