in specie

Distributions are generally made in cash, although provision may be included for distribution of certain assets “in specie”.

For example, the ability of private equity funds to distribute shares of portfolio companies to investors in specie can have certain potentially negative impacts on the IRR calculation.

De plurrimi repens revelationes circa aequabilis conscientiasque Vat in permanentis-sine fine-scandalum puer raptus, post dies paucos a prolocutor Sanctae Sedis fecit concessio in specie negare.

He cites a court case from 1857, Livingston v Bank of New York, which held that a bank could not be deemed insolvent merely because, during a general panic, it could not redeem its notes in specie.

Of course, this price having been once fixed, the natives will not take less, that is, in specie.