in specie
Adverb
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Adverb
in specie (not comparable)
- (obsolete) In respect to kind
- Although the power of a king is lesser in degree than an emperor, it is the similar in specie.
- (legal, finance) In the actual form, especially in the context of a distribution of assets or a loan repayment.
- (legal, finance) In coin or monetary metal, in contrast to fiat currency or other paper.
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002