in specie


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in specie

1. Of money, in coin(s). To prevent a national buildup and subsequent devaluation of 1 and 2 cent coins, the Irish government is urging people to pay for more things in specie.
2. In the same or a similar manner; in kind. Many are demanding that the dictator be punished in specie for the brutal murders of his regime.
3. Of law, in the actual form or manner; as specified. In lieu of cash repayment, the assets of the property will be distributed in specie following liquidation.

in specie

1. In coin, as in The balance was to be paid only in specie. [First half of 1600s]
2. In a similar manner, in kind, as in They repaid the offense in specie. [Mid-1500s] Both usages are derived from the Latin in specie, meaning "in the actual form."

in specie

1. In coin.
2. In a similar manner; in kind: repaid the offense in specie.
3. Law As specified.
References in periodicals archive ?
By Sep 2012, the new entity will be listed in London and thereafter, Integra plans to spin off its shares in IGSS to its shareholders in proportion to their holdings in Integra, so called dividends in specie (in kind).
Following this announcement, most of the banks throughout the country resumed; but, for many banks, whose borrowers were unable, themselves, to repay their debts in specie or bank notes redeemable in specie, this resumption proved abortive, and much of the country south of Virginia and west of Pennsylvania relapsed into suspension.
1819), indicative of a lack both of paper money redeemable in specie and of coins in circulation.
Several months later, it said, "We understand that specie has grown so scarce in Louisville that 2050 dollars in Commonwealth paper has been given for 1000 dollars in specie" (22 Apr.
Indeed, beginning in 1822, there was a spontaneous rejection of the paper money of the Bank of the Commonwealth, with the recognition of specie and the notes of the branches of the Bank of the united States within the state, which notes could be redeemed in specie, as the unit of account.