Borrowed from Latin in + specie, ablative singular form of species (“kind, form; type”).
in specie (not comparable)
- (obsolete) In respect to kind
- Although the power of a king is lesser in degree than an emperor, it is the similar in specie.
- (law, finance) In the actual form, especially in the context of a distribution of assets or a loan repayment.
- (law, finance) In coin or monetary metal, in contrast to fiat currency or other paper.
1749, Henry Fielding, chapter VII, in The History of Tom Jones, a Foundling, volume (please specify |volume=I to VI), London: A[ndrew] Millar […], OCLC 928184292, book V:
"The estate of £500 a-year I have given to you, Mr Jones: and as I know the inconvenience which attends the want of ready money, I have added £1000 in specie."