Distribution in Kind
/dɪstrɪˈbjuːʃən ɪn kaɪnd/
Definitions
- (n.) The allocation of property or assets in their physical form rather than as money or equivalent value.
The estate was settled through distribution in kind, giving heirs the actual property instead of cash.
- (n.) A method in bankruptcy or corporate dissolution where creditors or shareholders receive specific assets instead of cash payments.
Creditors agreed to a distribution in kind, accepting company shares instead of cash compensation.
Forms
- distribution in kind
Related terms
See also
Commentary
Often contrasted with distribution in cash, distribution in kind requires careful valuation to ensure equitable allocation among parties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.