Glossary entry (derived from question below)
English term or phrase:
PIK interest
Serbian translation:
Plaćanje kamate u nenovčanim sredstvima
Added to glossary by
Lillian Popmijatov
Jan 23, 2014 15:46
10 yrs ago
2 viewers *
English term
English to Serbian legal translator
Native in: Serbian 
Works in: French to Serbian, English to Serbian, Serbian to English, and 5 more.
PIK interest
English to Serbian
Bus/Financial
Finance (general)
Carried forward PIK interest shall be payable on the Termination Date.
PAYC interest and PIK interest accrue on a non-compounding basis, i.e. without increasing principal of the relevant Loan by the amounts carried for-ward.
PAYC interest and PIK interest accrue on a non-compounding basis, i.e. without increasing principal of the relevant Loan by the amounts carried for-ward.
Proposed translations
(Serbian)
| 4 +1 | Plaćanje kamate u nenovčanim sredstvima |
Sandra Borojevic
|
Proposed translations
+1
17 hrs
Sandra Borojevic
Bosnia and Herzegovina
Bosnia and Herzegovina
Native in Serbian
Works in field
Bosnia and Herzegovina
24 years in business
Native in: Serbian 
, Bosnian (Variant: Latin and Cyrillic)
Works in: English to Bosnian, English to Serbian, English to Croatian, and 5 more.
Related KudoZ points
:
4
Selected
Plaćanje kamate u nenovčanim sredstvima
Prijedlog.
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Note added at 19 hrs (2014-01-24 10:54:04 GMT)
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Definition of 'Payment-In-Kind - PIK' 1. The use of a good or service as payment instead of cash. 2. A financial instrument that pays interest or dividends to investors of bonds, notes or preferred stock with additional debt or equity instead of cash.
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Note added at 19 hrs (2014-01-24 10:55:34 GMT)
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http://en.wikipedia.org/wiki/Payment_in_kind
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Note added at 19 hrs (2014-01-24 10:56:31 GMT)
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http://definitions.uslegal.com/p/payment-in-kind-wages/
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Note added at 19 hrs (2014-01-24 10:57:14 GMT)
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PHRASE
payment in kind
something that you give or receive instead of money
Books were offered as payment in kind.
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Note added at 19 hrs (2014-01-24 10:54:04 GMT)
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Definition of 'Payment-In-Kind - PIK' 1. The use of a good or service as payment instead of cash. 2. A financial instrument that pays interest or dividends to investors of bonds, notes or preferred stock with additional debt or equity instead of cash.
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Note added at 19 hrs (2014-01-24 10:55:34 GMT)
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http://en.wikipedia.org/wiki/Payment_in_kind
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Note added at 19 hrs (2014-01-24 10:56:31 GMT)
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http://definitions.uslegal.com/p/payment-in-kind-wages/
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Note added at 19 hrs (2014-01-24 10:57:14 GMT)
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PHRASE
payment in kind
something that you give or receive instead of money
Books were offered as payment in kind.
Peer comment(s):
| disagree |
sofijana
: Objašnjenje glasi: " Interest on certain debt and preferred securities can be paid in cash or in kind." Dakle, može i novcem, tj. gotovinom.
57 mins
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Sada sam i ja zbunjena. http://www.investopedia.com/terms/p/paymentinkind.asp
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| agree |
Miomira Brankovic
: ili samo kamata u naturi (u novcu i u naturi su izrazi koji se u našim propisima koriste za in cash and in kind)
1 day 21 hrs
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Hvala!
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| agree |
Mira Stepanovic
: Ili kamata koja se isplaćuje u naturi http://skupstinabd.ba/sr/zakoni/sr/zopds.html Закон о порезу на добит ... f) “Камата” је износ који треба да се плати у новцу или натури за коришћење новца, било да се плаћа обавеза по дугу, депозиту...
2 days 1 hr
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Hvala!
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4 KudoZ points awarded for this answer.
Comment: "Hvala"
Discussion
PIK interest — Payable in kind interest is a periodic form of payment in which the interest payment is not paid in cash but rather by increasing the principal amount by the amount of the interest (e.g., a $100 million bond with an 8% PIK interest rate will have a balance of $108 million at the end of the period, but will not pay any cash interest).
On some debt instruments and preferred securities, interest may be paid in kind ("PIK"). This simply means that interest payments to the holder of a PIK security take the form of additional securities, rather than cash. A firm may prefer to issue PIK securities if it needs to conserve cash. For this reason, PIK securities are sometimes used to finance leveraged buyouts where the borrower has other, large debt service obligations that must be met with cash.