Last modified on 21 June 2013, at 00:07

in specie



From Latin, specie, the ablative singular form of species (kind", "form", or "type)


in specie (not comparable)

  1. (obsolete) In respect to kind
    Although the power of a king is lesser in degree than an emperor, it is the similar in specie.
  2. (law, finance) In the actual form, especially in the context of a distribution of assets or a loan repayment.
  3. (law, finance) In coin or monetary metal, in contrast to fiat currency or other paper.