In-cash vs in-kind?

Budgeting: In-​cash and in-​kind contributions-​ What are the differences?

"In cash" means transactions with money. It is "real money".

"In-​kind" contribution is any non-​cash item, good, or service given or exchanged for the project. Something that already exists or has already been bought, or that is not monetary but adds a value to a project. In other words, anything that is contributing to project in order to achieve the project goals. However, no transfer or exchange of real money takes place. Examples are:

• the use of conference rooms for free
• the use of office space (desks, computers, printers)
• the hours that a Professor or scientists will spend on the specific project