Question Details

	Username: ForexGuy Rating: Asked to: Jun Wang Date Created: 15 Nov 2017
Category	28
Tag	Financial
Question	What does 'In Specie' mean?

Advice from Guru

Hello ForexGuy,

In specie is a phrase describing the distribution of an asset in its present form, rather than selling it and distributing the cash proceeds. In specie distributions are made when cash is not readily available or allocating the physical asset is a better alternative than distributing cash. In specie originates from Latin and stands for "in its actual form."

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