Income in kind
Income in kind, or in-kind income, is income other than money income.[1] It includes many employee benefits and government-provided goods and services, such as toll-free roads, food stamps, public schooling, or socialized medicine.
Types of Income in Kind
- Free rent in exchange for caretaking duties.
- Note: If the caretaker receives a paycheck with an amount for rent deducted, the gross earnings are earned income, not in-kind income.
- Free room and board provided by a friend or relative.
- Free clothing or household goods provided by a community organization.
- Exchange of services, such as babysitting.
gollark: No, I mean in terms of doing a similar thing without centralization. The "web of trust" model is probably not something most users would enjoy using.
gollark: DNS seems not great because of the whole centralization thing, but I'm not sure if there's a way around that.
gollark: Conversations HAVE been known to change in scope somewhat.
gollark: I have this freenom .tk one which brings many technical challenges.
gollark: I'm probably maybe* going to run a homeserver once I actually get a non-awful domain name.
See also
- Barter
- Local exchange trading system
- Truck system
References
- "In-Kind Income: Definition". Answers.com. Retrieved 14 November 2012.
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