Meaning of grant-in-kind | Babel Free

Definitions

A grant of goods or services provided free of charge or the transfer of ownership of a nonfinancial asset in which the donor does not receive anything of commensurate value in return.

Examples

“In these circumstances, part or none of the tied grant-in-kind might be treated by the inclusion approach.”

“In 2004, the group leased one acre of land from the host farmer and grew maize using seed and fertilizer that was obtained as a grant-in-kind from KARI.”

“This is a grant-in-kind administered by the national Department of Basic Education (DBE) that may be transferred to a province through the Education Infrastructure Grant if the profvince is able to demonstrat, through a proven track record, that it has the capacity to implement the projects.”

CEFR level