現物
Meanings
actual goods; physical item
Refers to the real, tangible object as opposed to a sample, picture, or description. Common in contexts like 現物を見る (see the actual item) or 現物支給 (payment in kind).
I want to see the actual item, not just the catalog, before deciding to buy.
spot (trading); physical delivery
Financial term for spot transactions or physical delivery of commodities, currencies, or securities, as opposed to futures or derivatives.
In spot trading, the actual delivery of shares takes place.
in kind; non-cash
Used for income, benefits, rent, or taxes paid in goods or services rather than in money. Often appears in compounds like 現物給与 (payment in kind) or 現物出資 (investment in kind).
I receive rice and vegetables from the company as payment in kind.
Usage patterns
- 〈物〉の現物を見るto see the actual item (in person)
I want to see the actual item before ordering online.
- 現物で支払うto pay in kind (with goods instead of money)
Some companies pay part of the salary in kind.
- 現物を確認するto check/verify the actual goods
Please verify the actual goods before signing the contract.
- 現物で受け取るto receive (something) in kind
Sometimes bonuses are received in kind rather than cash.