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Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Payments & settlement

In kind

The term in kind (or in-kind) generally refers to goods, services, and transactions not involving money or not measured in monetary terms. It is a part of many spheres, mainly economics, finance, but also politics, work career, food, health and others. There are many different types of in kind actions throughout the mentioned branches, which can be identified and distinguished.

Finance

Mass stipend

In the Catholic Church, a Mass stipend is a donation given by the laity to a priest for celebrating a Mass for a particular intention. Despite the name, it is considered as a gift or offering (Latin: stips) freely given rather than a payment (Latin: stipendium) as such.

Finance

Peter's Pence

Peter's Pence (or Denarii Sancti Petri and "Alms of St Peter") are donations or payments made directly to the Holy See of the Catholic Church. The practice began under the Saxons in England and spread through Europe. Both before and after the Norman Conquest the practice varied by time and place: initially, it was given as a pious contribution, whereas later it was required by various ru