In kind

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
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.