Grant-in-kind

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    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."

Example

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"In these circumstances, part or none of the tied grant-in-kind might be treated by the inclusion approach."

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.