单词 | payment in kind |
释义 | payment in kind payment in kind A payment that is not made in cash but in goods or services. It is often in the form of a discount or an allowance, e.g. cheap fares for British Airways employees, staff prices for food at supermarkets, etc. Now regarded as a bonus or fringe benefit, payment in kind in the 19th century was widespread; the Truck Acts 1831 were passed to discourage employers who insisted on paying their employees in goods instead of cash (as often the cash value of goods bought in bulk by the employer was much less than their value to the employee). |
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英汉经管词典收录了6519条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。