France. ''Limiting the value of in-kind benefits to a multiple of the minimum wage'': That is the case of countries such as Chad and Senegal, in which the value of one meal is equivalent to one hour worked at the minimum wage. In-kind transfers In sense of investments In-kind transfer is a process of moving assets from one brokerage account to another brokerage account without any selling or buying. An in-kind transfer from one brokerage account to another brokerage account is an easier method than liquidating the account into cash. A list of investments that can be transferred in-kind: Stocks Bonds Options Mutual market capital funds Money market funds Certificates of deposit Exchange-traded funds In sense of public spending An in-kind transfer is also a type of public spending to help specific populations. It is in the form of specific goods and services, which recipients get for free or at a reduced rate from public organisation or government. By giving in-kind transfers, governments specify how individuals must use public assistance money. It simply covers only goods and services from predescribed areas, therefore it prevents receivers from misuse of such means. On the other hand, in-kind programs have sometimes been deemed “paternalistic” because they dictate that people spend assistance money on things governments deem most necessary. See also Barter Gift economy PIK loan, short for payment in kind Quid pro quo Time banking References Payment systems