payment in specie

简明释义

用硬币支付

英英释义

例句

1.The landlord agreed to accept payment in specie for the rent, allowing the tenant to pay in goods instead of cash.

房东同意接受实物支付作为租金，允许租户以货物而非现金支付。

2.During the barter system, many transactions were settled through payment in specie, where goods were exchanged directly.

在以物易物的系统中，许多交易通过实物支付来结算，货物被直接交换。

3.In some cultures, payment in specie is preferred as it fosters a sense of community and mutual support.

在一些文化中，实物支付更受欢迎，因为它促进了社区和互助的感觉。

4.The contract stipulated that the artist would receive payment in specie for her artwork, specifically in handmade jewelry.

合同规定艺术家将以手工珠宝的形式获得实物支付，作为她艺术作品的报酬。

5.The farmer offered payment in specie by providing fresh produce in exchange for the services rendered.

农民通过提供新鲜农产品作为服务的回报，提供了实物支付。

作文

In the world of finance and economics, various terms are used to describe different forms of transactions. One such term that often comes up in discussions about payment methods is payment in specie. This phrase refers to the practice of settling debts or obligations using physical goods rather than cash or currency. In essence, it means paying with actual items of value, such as gold, silver, or other tangible assets, instead of using paper money or electronic transfers. Understanding payment in specie is crucial for anyone interested in the historical context of trade and commerce, as well as its implications in modern financial systems.Historically, payment in specie was a common practice in many cultures, especially before the advent of modern banking systems and fiat currency. In ancient times, merchants would often engage in barter, exchanging goods directly without any intermediary currency. However, as societies evolved, the need for a more standardized form of payment became apparent. Precious metals like gold and silver emerged as popular mediums of exchange due to their intrinsic value and portability. Thus, payment in specie became a way to ensure that transactions were backed by something tangible and universally accepted.The significance of payment in specie can also be observed during times of economic crisis or instability. For instance, during periods of hyperinflation, where the value of paper currency plummets, individuals and businesses may prefer to hold onto physical assets instead. This is because tangible goods tend to retain their value better than depreciating currency. In such cases, payment in specie becomes a practical solution for conducting transactions, allowing parties to exchange valuable items rather than relying on unstable monetary systems.In contemporary finance, while payment in specie is less common due to the dominance of electronic payments and digital currencies, it still holds relevance in specific contexts. For example, in certain legal agreements or contracts, parties may stipulate that payments be made in kind, meaning they can fulfill their obligations through the transfer of goods or services instead of cash. This can be particularly useful in industries like agriculture, where farmers might pay for services with crops or livestock.Moreover, payment in specie can also apply to investment scenarios, such as when investors receive dividends in the form of physical shares or commodities instead of cash. This practice can be advantageous for those who prefer to hold onto their investments in a tangible form, thereby avoiding potential pitfalls associated with fluctuating currency values.In conclusion, understanding the concept of payment in specie provides valuable insights into the evolution of trade and the various methods of transaction that have been employed throughout history. While modern economies predominantly rely on cash and electronic payments, there remains a niche for payment in specie, particularly in situations where physical assets are preferred over currency. As we continue to navigate an increasingly digital financial landscape, it is essential to remember the significance of tangible goods in our economic interactions and the historical roots of how we conduct business today.

在金融和经济的世界中，使用各种术语来描述不同形式的交易。其中一个经常出现在支付方式讨论中的术语是实物支付。这个短语指的是用实物商品而不是现金或货币来结算债务或义务的做法。实质上，它意味着用实际的有价值的物品，如黄金、白银或其他有形资产进行支付，而不是使用纸币或电子转账。理解实物支付对任何对贸易和商业的历史背景以及其在现代金融体系中的影响感兴趣的人来说都是至关重要的。历史上，实物支付在许多文化中是一种常见的做法，尤其是在现代银行系统和法定货币出现之前。在古代，商人们通常会进行以物易物，直接交换商品，而不需要任何中介货币。然而，随着社会的发展，对更标准化支付形式的需求变得显而易见。黄金和白银等贵金属因其内在价值和可携带性而成为流行的交换媒介。因此，实物支付成为一种确保交易以某种有形和普遍接受的东西为基础的方式。实物支付的重要性也可以在经济危机或不稳定时期观察到。例如，在恶性通货膨胀期间，纸币的价值暴跌，个人和企业可能更愿意持有实物资产。在这种情况下，有形商品往往比贬值的货币更能保持其价值。因此，实物支付成为进行交易的实际解决方案，使各方能够通过转移有价值的物品而不是依赖不稳定的货币体系来履行义务。在当代金融中，尽管由于电子支付和数字货币的主导地位，实物支付的情况较少，但在特定的背景下仍然具有相关性。例如，在某些法律协议或合同中，各方可能规定以实物的方式进行支付，这意味着他们可以通过转移商品或服务而不是现金来履行义务。这在农业等行业中特别有用，农民可能会用作物或牲畜来支付服务费用。此外，实物支付也可以适用于投资场景，例如，当投资者以实物股份或商品而非现金形式获得股息时。这种做法对于那些希望以有形形式持有投资的人来说是有利的，从而避免与货币价值波动相关的潜在陷阱。总之，理解实物支付的概念为我们提供了关于贸易演变及其历史上采用的各种交易方法的宝贵见解。虽然现代经济主要依赖现金和电子支付，但在某些情况下，尤其是在优先选择实物资产而非货币的情况下，实物支付仍然存在一席之地。随着我们继续在日益数字化的金融环境中航行，记住有形商品在经济互动中的重要性以及我们今天进行商业活动的历史根源是至关重要的。