benefit in kind


Also found in: Legal, Acronyms.

benefit in kind

n
(Industrial Relations & HR Terms) a nonpecuniary benefit, such as a company car or medical insurance, given to an employee
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014