In this Newsweek report, to says the following:
The report claims that since 2004, Jebb has served as the sole or co-principal investigator on 10 research projects funded with £1.37 million ($2.1 million) in industry money, “plus funding in kind.”
What does "plus funding in kind" means in this paragraph? Is such funding included in $2.1 million or not? And why is it quoted in quotes?
Answer
Check in kind definition, sense 1:
1) in goods or produce instead of money
So it means he received some other goods or services that have some value but are not money (or can be sold/exchanged directly for money). Their value would be considered “funds” received for financial reporting purposes.
The quotes probably are because that was the wording in the report.
Attribution
Source : Link , Question Author : CYC , Answer Author : user3169
