payments in kind
In French, 'paiements en nature' refers to non-monetary compensation where goods or services are provided instead of cash. This term is commonly used in business and legal contexts to describe scenarios where payments can be made through the delivery of physical items or work, rather than through financial transactions.
Farmers often prefer payments in kind to exchange their harvests.
This phrase illustrates how farmers may opt for receiving goods instead of cash, particularly when swapping their produce.
In some cases, payments in kind can be more advantageous than monetary payments.
Here, the focus is on the benefits of receiving goods instead of money, suggesting that there are situations where this method is preferable.
Companies can include payments in kind in their contracts to diversify their exchanges.
This sentence refers to how businesses might integrate non-monetary payments into their agreements, allowing for a wider range of transaction types.