In-specie meaning

(law, finance) In the actual form, especially in the context of a distribution of assets or a loan repayment.
adverb
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(law, finance) In coin or monetary metal, in contrast to fiat currency or other paper.
adverb
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Origin of in-specie

  • From Latin, specie, the ablative singular form of species (“kind", "form", or "type”)

    From Wiktionary