In Kind Distribution
/ɪn kaɪnd dɪstrɪˈbjuːʃən/
Definitions
- (n.) The distribution of assets in their current physical form rather than in cash.
The estate made an in kind distribution of property instead of selling it.
- (n.) A method of dividend or benefit payment using goods or services rather than money.
The cooperative provided members with an in kind distribution of agricultural produce.
Forms
- in kind distribution
- in-kind distribution
Related terms
See also
Commentary
Use hyphen in 'in-kind' when functioning adjectivally, but the noun form often appears as two words.
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.