Payment-in-kind sentence example

payment-in-kind
  • In commercial matters, payment in kind was still common, though the contracts usually stipulate for cash, naming the standard expected, that of Babylon, Larsa, Assyria, Carchemish, &c. The Code enacted, however, that a debtor must be allowed to pay in produce according to statutory scale.
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  • In the former case a peasant family undertakes all the necessary work in return for payment in money or kind, which varies according to the crop; in the latter the money wages and the payment in kind are fixed beforehand.
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  • in some small sum for the net profits of the fishing, and customs for payment in kind have been upheld by the courts.
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  • The officials and Oriental troops received payment in kind.
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