Dictionary Meaning and Definition on 'Barter'
n : an equal exchange; "we had no money so we had to live by
barter" [syn: swap, swop, trade]
v : exchange goods without involving money
- Barter \Bar"ter\, v. i. [imp. & p. p. Bartered (?); p. pr. &
vb. n. Bartering.] [OE. bartren, OF. barater, bareter, to
cheat, exchange, perh. fr. Gr. ? to do, deal (well or ill),
use practices or tricks, or perh. fr. Celtic; cf. Ir. brath
treachery, W. brad. Cf. Barrator.]
To traffic or trade, by exchanging one commodity for another,
in distinction from a sale and purchase, in which money is
paid for the commodities transferred; to truck.
- Barter \Bar"ter\, v. t.
To trade or exchange in the way of barter; to exchange
(frequently for an unworthy consideration); to traffic; to
truck; -- sometimes followed by away; as, to barter away
goods or honor.
- Barter \Bar"ter\, n.
- The act or practice of trafficking by exchange of commodities; an exchange of goods. The spirit of huckstering and barter. --Burke.
- The thing given in exchange. Syn: Exchange; dealing; traffic; trade; truck.
Wikipedia Meaning and Definition on 'Barter'
Voluntary sector · Nationalization Privatization · Municipalization Liberalization · Corporatization Deregulation · Socialization Collectivization · Common ownership
Barter is a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is usually bilateral, but may be multilateral, and usually exists parallel to monetary systems in most developed countries, though to a very limited extent. Barter usually replaces money as the method of exchange in times of monetary crisis, when the currency is unstable and devalued by hyperinflation.
Contrary to popular conception, there is no evidence of a society or economy that relied primarily on barter.
While one-to-one bartering is practised between individuals and businesses on an informal basis, organized barter exchanges have developed to conduct third party bartering. The barter exchange operates as a broker and bank and each participating member has an account which is debited when purchases are made, and credited when sales are made. With the removal of one-to-one bartering, concerns over unequal exchanges are reduced.[See more about Barter at Dictionary 3.0 Encyclopedia]
Words and phrases related to 'Barter'
Barter Sample Sentences in News
- Barter stages world premiere of Dryad'
The Great Depression has hit the Appalachian Mountains pretty hard, and things are looking bleak when Lena finally leaves her no-good husband and goes home to her daddy’s farm. To make matters worse, the chestnut trees that locals have always depended on are dying off, one by one.When a mysterious young girl appears, Lena and her family’s lives are changed for Read more on this news related to 'Barter'
- Couple returns to celebrate 50th wedding anniversary at Barter
He was studying at Emory & Henry College, and seeking an outlet for his theatrical skills. Read more on this news related to 'Barter'
- 'Barter Break' tickets announced; offer half price tickets day of show
ABINGDON, Va. — A new offer is on the table for Barter Theatre patrons who are willing to wait until almost the last minute to buy tickets to a show. The new "Barter Break" ticket costs half of the price of a regular ticket, according to a written statement. Read more on this news related to 'Barter'