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 brings youth academy to Kingsport
Curtains will raise this September when Barter Theatre brings its youth academy to Kingsport, and hopefully no one actually breaks a leg.Barter will establish a youth academy satellite campus in Kingsport at the Renaissance Arts Center and Theatre. It will offer workshops over a period of eight weeks starting Tuesday September 16. Students will have a chance to wo Read more on this news related to 'Barter'
- Barter Theatre's 'Ring of Fire' traveling to Carter Family Fold
HILTONS, Va. — The Carter Family Fold will partner with Barter Theatre to present "Ring of Fire: The Music of Johnny Cash" on Wednesday, Aug. 27, at "The Fold" in Hiltons, Va.Show time is 7:30 p.m. Doors open at 6 p.m. The Carter Family Fold is located at 3449 A.P. Carter Highway in Hiltons, Va.Admission to the show is $20 for adults; $18 for Read more on this news related to 'Barter'
- Barter Youth Academy offers classes for children
The Barter Youth Academy has announced they are establishing a satellite campus in Kingsport. Read more on this news related to 'Barter'