Export PIK

Business / Agriculture / Export PIK: A program used in the 1980s that made payment-in-kind to U.S. exporters as export subsidies for surplus commodities.

Payment-In-Kind (PIK) Bond

Business / Finance / Payment-In-Kind (PIK) Bond: A bond that gives the issuer an option (during an initial period) either to make coupon payments in cash or in the form of additional bonds. MORE

PIK (Payment-In-Kind) Securities

Business / Finance / PIK (Payment-In-Kind) Securities: Highly speculative bonds or preferred stock that pay interest or dividends through additional bonds or preferred stock. MORE

Payment-In-Kind (PIK)

Business / Agriculture / Payment-In-Kind (PIK): In general, a payment made in the form of CCC-owned commodities (or title to them) in lieu of cash. This form of payment was widely used during the 1980s for paid diversion, deficiency payments, and e MORE

Organization Of Petroleum Exporting Countries (OPEC)

Business / Finance / Organization Of Petroleum Exporting Countries (OPEC): A cartel of oil-producing countries. MORE

Guaranteed Export Credit

Business / Agriculture / Guaranteed Export Credit: A Commodity Credit Corporation guarantee of commercial export credit is available through several export credit guarantee programs. MORE

Intermediate Export Credit Guarantee Program (GSM-103)

Business / Agriculture / Intermediate Export Credit Guarantee Program (GSM-103): One of CCC’s export credit guarantee programs. See GSM-103. MORE

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