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Definition 2024


in_specie

in specie

English

Adverb

in specie (not comparable)

  1. (obsolete) In respect to kind
    Although the power of a king is lesser in degree than an emperor, it is the similar in specie.
  2. (law, finance) In the actual form, especially in the context of a distribution of assets or a loan repayment.
  3. (law, finance) In coin or monetary metal, in contrast to fiat currency or other paper.

Descendants