What is In Specie?
In specie is a Latin term describing the provision of anin its physical form rather than in the value of the .
How Does In Specie Work?
Let's say Company XYZ wants to purchase Company ABC for $10 million. Company XYZ doesn't have $10 million of shares of Company XYZ , which are worth $10 million. Company XYZ is paying Company ABC in specie.laying around, but it needs to give Company ABC something worth $10 million. It decides to give Company ABC 1 million
Why Does In Specie Matter?
In specie payments usually happen in the business world if a company doesn't have
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