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Barter Meaning and Definition in Dictionary

Definitions from Wordnet 2.0

  • an equal exchange; "we had no money so we had to live by barter"
  • exchange goods without involving money

Definitions from Wiktionary

  • an equal exchange; "we had no money so we had to live by barter"

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Barter Meaning and Definition in Wikipedia

Barter is trading one thing for another without using money. Usually the things that are traded are worth the same amount of money, but no money is used in the trade.

Barter is useful when two people each have something the other wants, so they agree on an amount of stuff and then swap it. This can also happen with services, for example a plumber can fix a tap in a winery and be given a crate of wine.

The problem with barter is one person may not want what the other person has. For instance, Bob needs a new pair of shoes and John has those shoes. But Bob has eggs and John needs milk. This is where money becomes useful because anything can be traded for a set amount of money. Bob could pay John for the shoes and John could go to the store and buy some milk.

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Barter Sample Sentences in News

  • Angelina Jolie embraced breast cancer survivor who also had to have a double mastectomy
    Like Angelina Jolie (pictured), Sydney's Krystal Barter is BCRA1 positive and also had a double mastectomy, the same procedure the Hollywood star underwent last year. Read more on this news related to 'Barter'
  • Business Barter Expo attracts thousands
    Thousands of people turned out for the “Barter Business Unlimited” event in Bristol Saturday. Over 75 business owners from across the area displayed their products at the local Boy’s And Girls Club. There is no cash involved– it’s all done by trade— so purchases are made with what they call “BBU” dollars or “Barter Bucks.” […] Read more on this news related to 'Barter'
  • Markets of Resistance opens in Baguio
    GOING back to the basics. The public can barter goods in exchange for artworks starting this weekend as artists stage Markets of Resistance in the Summer Capital. Read more on this news related to 'Barter'

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