Supriya Ghosh (Editor)

In kind

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In economics and finance, in kind refers to goods, services, and transactions not involving money or not measured in monetary terms. For example:

  • Payment in kind, or barter: exchange of goods or services for other goods or services with no medium of exchange
  • Income in kind: in particular
  • Benefit in kind: employee benefits such as a company car or gym membership
  • Tax in kind: such as a tithe from farmer's crops
  • Calculation in kind: a type of accounting based on physical magnitudes and physical quantities rather than a common unit of account
  • Gifts in kind: charitable donation of goods or services, as opposed to donation of money to buy goods and services
  • References

    In kind Wikipedia