grant-in-kind

noun

Definitions

  1. A grant of goods or services provided free of charge or the transfer of ownership of a…

    A grant of goods or services provided free of charge or the transfer of ownership of a nonfinancial asset in which the donor does not receive anything of commensurate value in return.

    • In these circumstances, part or none of the tied grant-in-kind might be treated by the inclusion approach.
    • In 2004, the group leased one acre of land from the host farmer and grew maize using seed and fertilizer that was obtained as a grant-in-kind from KARI.

The neighborhood

Vish — recursive loop

No curated loop yet for grant-in-kind. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA