In kind
Appearance
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