Payment-In-Kind (PIK) Bonds.

A Payment-In-Kind (PIK) bond is a type of debt security in which the periodic interest payments are made in the form of additional bonds rather than in cash. The issuer of a PIK bond typically does so because it does not have the cash available to make the interest payments when they come due. PIK … Read more

What is naming?

The meaning of naming is the set of techniques used to name things. The main purpose is the creation of a brand name, service or object. This word comes from English and its translation would be appointment or denomination. This is a fairly complex task, since in some cases the success or failure of a … Read more