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
- Photographers find beauty in 'states of decay'
British photographers and self-described "urban explorers" Daniel Marbaix and Daniel Barter see beauty amid the desolation of abandoned buildings. Read more on this news related to 'Barter'
- Charleston County School Board member John Barter resigns his seat to serve as administrator at Alabama college
John Barter, a retired business executive, resigned his seat on the Charleston County School Board on Sunday afternoon. Read more on this news related to 'Barter'
- San Antonio Business Owners Barter Their Way to a Brilliant Holiday
ITEX in San Antonio, the local franchise of the leading barter organization, will host its Annual Holiday Trade Show on Thursday, December 5th, 6 PM – 10 PM. The event will take place at the Weston Centre Downtown- 112 East Pecan St., San Antonio, TX, 78205. (PRWeb November 21, 2013) Read the full story at http://www.prweb.com/releases/2013/11/prweb11349691.htm Read more on this news related to 'Barter'