In-kind Definition

In-kind Sentence Examples

• Unlike most donations of money or in-kind goods, donations of miles are not tax deductible.

• Institutions possessing a special character are the monti frumentarii, public grain deposits, founded for the purpose of supplying peasant proprietors with seed corn, debts being paid in kind with interest after harvest.

• On the formation of the Wirth ministry in May 1921 he was appointed Minister of Reconstruction, and in that capacity negotiated with the French minister, Loucheur, a convention for supplying German materials for the restoration of the devastated area in France, and thus paying in kind part of the reparation which the German Reich had undertaken to pay in gold.

• The state demanded men for the army and the corvee as well as dues in kind.

• In commercial matters, payment in kind was still common, though the contracts usually stipulate for cash, naming the standard expected, that of Babylon, Larsa, Assyria, Carchemish, &c. The Code enacted, however, that a debtor must be allowed to pay in produce according to statutory scale.