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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

  • Barter Theatre announces lineup
    Barter Theatre has announced its lineup for this season and they say it's the biggest ever. Read more on this news related to 'Barter'
  • CP: Barter traders in cahoots with smugglers
    TAWAU : The State Police Commissioner wants a review of barter traders, who have been accused of working in cahoots with smugglers. Datuk Jalaluddin Abdul Rahman proposed that the review should be made on barter traders operating in the Eastern Sabah Security Zone (ESSZone). Read more on this news related to 'Barter'
  • Barter Theatre unveils 2015 season
    ABINGDON, Va. — Look for the riveting rollercoaster ride of “The Three Musketeers” in the fall, plus the return of audience favorite “Keep on the Sunny Side” for the summer during Barter Theatre’s 201 Read more on this news related to 'Barter'

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