In Kind Legal Meaning and Definition

Here is a simplified definition of the legal term In Kind.

In Kind (adverb)

"In kind" is a term used in legal contexts to describe a form of payment, substitution, or distribution that involves goods, property, or services rather than money. Typically, the items or services given are of equivalent value to the monetary amount they replace. This term is often used in the crafting of Wills or legal agreements. For example, an inheritance might be given "in kind" through property or valuable items rather than cash.