GIFTS-IN-KIND Definition

Bookmark and Share

GIFTS-IN-KIND are non-cash gifts of tangible or intangible property. Tangible property can fall into two distinct categories, and its value is derived from its physical existence: 1. objects, such as equipment, software, automobiles, printed materials, etc.; or, 2. services, such as providing photography services. Intangible personal property is property whose value stems from intangible elements, e.g. patents and copyrights.

Learn new Accounting Terms

MANAT is a currency of Azerbaijan and Turkmenistan.

CMO see COLLATERALIZED MORTGAGE OBLIGATION.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.