Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

In Specie

Updated on 2023-08-29T11:58:26.843734Z

In Specie refers to the transfer of an asset in present form as a substitute of comparable amount of cash.

When the cash is not readily available or when it is more feasible to hand over the asset rather than cash, in that case, then only In specie distributions are made.