IN-KIND Definition

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IN-KIND is the value of goods or services provided for which money would have otherwise been paid.

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BENEFICIARY is a person who benefits from the terms of a trust, pension or provident fund, or other deferred income plan, or an insurance policy. In banking, it is the person in whose favor a letter of credit is issued or a draft is drawn.

Q as the fifth letter of a Nasdaq stock symbol indicates that the company is in bankruptcy proceedings.

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