Payment In Kind (other)
Payment in kind may refer to: * Barter, exchange of goods or services for other goods or services * Payment in kind loan, a type of loan which typically does not provide for any cash flows from borrower to lender between the drawdown date and the maturity or refinancing date {{disambiguation ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Barter
In trade, barter (derived from ''bareter'') is a system of exchange (economics), exchange in which participants in a financial transaction, transaction directly exchange good (economics), goods or service (economics), services for other goods or services without using a medium of exchange, such as money. Economists usually distinguish barter from gift economy, gift economies in many ways; barter, for example, features immediate reciprocity (cultural anthropology), reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral trade, bilateral basis, but may be multilateral exchange, multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a Deflation#Deflationary spiral, de ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |