What does repay in-kind mean?
If you pay a debt in kind, you pay it in the form of goods or services and not money.
What does phrase in-kind mean?
paid or given in goods, commodities, or services instead of money: in-kind welfare programs. paying or returning something of the same kind as that received or offered.
What is meaning of cash and kind?
Payment made in goods or services, rather than in cash. Given in goods, commodities, or services rather than money. Cash and in-kind benefits.
What does like in kind mean?
Like-in-kind means having similar characteristics such as voltage requirements, current draw, and function, and being in the same location.
What is the opposite of repay?
Antonyms: absolve, acquit, excuse, forget, forgive, neglect, overlook, pardon, pardon, pass over, slight. Synonyms: avenge, compensate, pay, pay off, punish, quit, reciprocate, recompense, remunerate, requite, retaliate, return, revenge, reward, satisfy, settle with.
What is the synonym of repay?
Frequently Asked Questions About repay Some common synonyms of repay are compensate, indemnify, pay, recompense, reimburse, remunerate, and satisfy. While all these words mean “to give money or its equivalent in return for something,” repay stresses paying back an equivalent in kind or amount.
What are examples of in kind payments?
Examples for payment in kind may be room and board in exchange for home or grounds maintenance or company stock or other securities instead of cash in a retirement plan. A loan is referred to as “paid in kind” when a similar article is returned by the borrower.
What qualifies for a like kind exchange?
Generally, any real estate property held for productive use in the trade or business or for investment qualifies for a like-kind exchange. The asset being sold must be an investment property and cannot be a personal residence. The asset being purchased with the proceeds must be similar to the asset being sold.
What’s another word for back pay?
What is another word for back payment?
| arrears | debt |
|---|---|
| obligation | deficiency |
| money owing | outstanding payment |
| outstanding payments | amount outstanding |
| amount overdue | balance due |
What is the difference between payment and repayment?
As nouns the difference between payment and repayment is that payment is (uncountable) the act of paying while repayment is the act of repaying.
What is the negative form of kind?
Opposite of having or showing a considerate nature. unkind. cruel. inconsiderate. aloof.
What is the meaning of repay kindness?
1. To pay back: repaid a debt. 2. To give back, either in return or in compensation: repay kindness with kindness. 3.
What is the meaning of the word repay?
English Language Learners Definition of repay : to pay back (money that you have borrowed) : to make a payment to (a person or organization that has loaned you money) : to do or give something in return for (something) : to provide something in return for (work, effort, etc.)
What is the difference between reimburse and repay?
The words reimburse and repay are synonyms, but do differ in nuance. Specifically, reimburse implies a return of money that has been spent for another’s benefit. Where would remunerate be a reasonable alternative to repay?
How is the word repay distinct from other similar verbs?
How is the word repay distinct from other similar verbs? Some common synonyms of repay are compensate, indemnify, pay, recompense, reimburse, remunerate, and satisfy. While all these words mean “to give money or its equivalent in return for something,” repay stresses paying back an equivalent in kind or amount.