WordNet-Online
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Definitions from the WebA Benefit In-KindDefinition: A benefit in-kind refers to non-monetary compensation provided to an individual or entity in the form of goods, services, or amenities. Sense 1: Generally, a benefit in-kind is a non-cash reward or benefit given to employees instead of monetary compensation. It can include things like company cars, healthcare plans, or housing allowances. Example Sentence 1: The company offered a benefit in-kind to its top-performing employees in the form of a fully paid vacation package. Sense 2: In the context of government assistance programs, a benefit in-kind refers to goods or services provided directly to individuals or communities, such as food stamps or housing assistance. Example Sentence 2: Low-income families receive a benefit in-kind through the government's program, which grants them access to subsidized housing. Sense 3: Locally, a benefit in-kind can refer to community-driven actions where individuals or groups provide goods or services directly to those in need. Example Sentence 3: The local charity organized a benefit in-kind event, where volunteers offered free haircuts and meals to the homeless population. Explore related products on Amazon: | ||||
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