Definition, Meaning & Synonyms
in-kind
Adjective
/ɪn kaɪnd/
Definition
A term that describes a contribution or payment made in goods or services rather than money.
Examples
- The charity received an in-kind donation of food supplies from local businesses.
- Instead of a cash bonus, the employees received in-kind benefits such as gym memberships and extra vacation days.
- The volunteer organization operates mainly through in-kind contributions from the community.
Meaning
In-kind is used to refer to something provided in the form of material goods, services, or benefits instead of cash. This can apply to donations, compensations, or payments.
Synonyms
- Non-cash
- Goods-based
- Service-based
- Material
