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PIK loan. A PIK, or payment in kind, is a type of high-risk loan or bond that allows borrowers to pay interest with additional debt, rather than cash. That makes it an expensive, high-risk financing instrument since the size of the debt may increase quickly, leaving lenders with big losses if the borrower is unable to pay back the loan.
In kind. Goods, services, and transactions not involving money. The term in kind (or in-kind) generally refers to goods, services, and transactions not involving money or not measured in monetary terms. [1] It is a part of many spheres, mainly economics, finance, but also politics, work career, food, health and others.
The Diccionario de la lengua española[a] (DLE; [b] English: Dictionary of the Spanish language) is the authoritative dictionary of the Spanish language. [1] It is produced, edited and published by the Royal Spanish Academy, with the participation of the Association of Academies of the Spanish Language. It was first published in 1780, as the ...
Those students who receive a general scholarship from the Spanish state are exempt from payment. In recent decades, approximately 20 to 30% of students at public universities in Spain receive a scholarship of this type linked to an economic attribution, but which includes, in any case, exemption from matriculation fees.
Education in Spain. [dubious – discuss] Education in Spain is compulsory and free for all children aged between 6 and 16 years and is supported by the national government together with the governments of each of the country's 17 autonomous communities. In Spain, primary school and secondary school are considered basic (obligatory) education.
The tanda is one of the most commonly followed informal associations in Mexico with 31% of the population actively participating in one. [5] A tanda may be managed in different ways. The way it usually works is a group of people that know each other get together to collect money (either weekly, monthly, yearly) to help each other financially.
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Tuition payments, usually known as tuition in American English [1] and as tuition fees in Commonwealth English, [citation needed] are fees charged by education institutions for instruction or other services. Besides public spending (by governments and other public bodies), private spending via tuition payments are the largest revenue sources ...