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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.

Words and phrases related to 'Barter'

Barter Sample Sentences in News

  • IMS Barter Expands into the Southwest Coast of Florida
    NEW BERLIN, WI / ACCESSWIRE / January 27, 2015 / International Monetary Systems, Ltd., a worldwide leader in business-to-business barter services, today announced the signing of new franchisee, IMS Suncoast ... Read more on this news related to 'Barter'
  • Yessar Group launches B2B barter bank
    The Bengaluru-based Yessar Group on Wednesday launched an online barter bank, Top Barter Card, which allows entrepreneurs to exchange products and services without having to pay in cash. Read more on this news related to 'Barter'
  • Barter Youth Academy challenges local youth to reach for the stars
    The Barter Theatre has become a welcome presence in Johnson County, offering several amazing performances at Heritage Hall as well as educational opportunities for local youth that spend their time dreaming of the spotlight. Read more on this news related to 'Barter'

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