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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
