payment in kind
Noun, Participle, Verb, Transitive, Intransitive
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Paying taxes in cash is normal, but payment in kind is also possible.
The company proposed to pay part of its debt in products (payment in kind).
The payment in kind system is established to alleviate the burden on taxpayers.
Depending on the appraised value of the property, payment in kind can sometimes be advantageous.
Kanji that make up this word
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