In Specie

In Specie
A phrase describing the distribution of an asset in its present form, rather than selling it and distributing the cash. In specie distribution is made when cash is not readily available, or allocating the physical asset is the better alternative.

An example of an in specie distribution is a stock dividend, which can be distributed to investors when cash is in short supply. It is common to see an in specie distribution made in the form of fractional shares such as 0.5 shares for each share held.

The phrase "in specie" is Latin for "in its actual form".

Investment dictionary. . 2012.

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  • specie — SPÉCIE, specii, s.f. 1. (biol.) Categorie (reprezentând o subdiviziune a genului) care cuprinde fiinţe cu trăsături şi caracteristici comune. 2. Soi, varietate, clasă, categorie. – lat. lit. species (fr. espèce). Trimis de pan111, 23.08.2004.… …   Dicționar Român

  • specie — spe·cie / spē shē, sē/ n [from in specie, from Latin, in kind]: money in coin in specie: in the identical form and without alteration or substitution an agreement to be carried out in specie Merriam Webster’s Dictionary of Law. Merriam Webster.… …   Law dictionary

  • specie — / spɛtʃe/ (ant. spezie / spɛtsje/) [dal lat. species, propr. aspetto, forma esteriore ], invar. ■ s.f. 1. (lett., non com.) [forma esteriore] ▶◀ apparenza, aspetto, parvenza, sembianza, veste. ‖ immagine. ● Espressioni: fare specie [suscitare… …   Enciclopedia Italiana

  • specie, species — Specie means coined money or coins. This word is a collective noun and has no plural: The specie of France and that of Great Britain do not closely resemble each other. The payment must be in specie. Species has only one form for singular and… …   Dictionary of problem words and expressions

  • Specie — Spe ci*e, abl. of L. species sort, kind. Used in the phrase in specie, that is, in sort, in kind, in (its own) form. [1913 Webster] [The king] expects a return in specie from them [i. e., kindness for kindness]. Dryden. [1913 Webster] {In specie} …   The Collaborative International Dictionary of English

  • specie — spe‧cie [ˈspiːʆiː ǁ ʆiː, siː] noun [uncountable] FINANCE money in the form of coins, not bank notes: • The government announced it was prepared to exchange paper money for specie. * * * specie UK US /ˈspiːʃi/ noun [U] FINANCE, MONEY ► coins,… …   Financial and business terms

  • specie — (n.) 1610s, coin, money in the form of coins (as opposed to paper money or bullion), from phrase in specie in the real or actual form (1550s), from L. in specie in kind, ablative of species kind, form, sort (see SPECIES (Cf. species)) …   Etymology dictionary

  • specie — [spē′shē, spē′sē] n. [abl. of L species: used in E from occurrence in the phrase (paid) in specie] coin, as distinguished from paper money; also, coin made of precious, as distinguished from base, metal in specie 1. in kind 2. in coin …   English World dictionary

  • Specie — Spe cie, n. [Formed as a singular from species, in sense 5.] Coin; hard money. [1913 Webster] …   The Collaborative International Dictionary of English

  • Specie — may refer to: * Coins or other metal money * Commodity metalee also* Species …   Wikipedia

  • Specie — (engl., spr. ßpīschĭ), Bargeld, s. Kontant …   Meyers Großes Konversations-Lexikon

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