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 Rewards Brakes into New Territory in New Zealand, adds Endorsements of Jim Thorp and Jimmie Van Zant
Barter Rewards has tripled in size over the last year, and is now expanding worldwide. With the help of International celebrities and events with nonprofits like Rotary, the future is bright! (PRWeb May 13, 2013) Read the full story at http://www.prweb.com/releases/2013/5/prweb10724187.htm Read more on this news related to 'Barter'
- 'Big' hardly describes biggest thing in Barter's big summer musical
The Barter is building sets for the upcoming play Les Miserables in May. A large Styrofoam head is being carved to resemble the clay model shown. Five carvers are working on the head that will move and is approx 10 feet tall. Read more on this news related to 'Barter'
- Video Scores 440,000+ YouTube Views in 60 Days, Barter Rewards Eyes New Promotion Challenge.
Deep Rich Data is hitting home with over 440,000 views on Barter Rewards innovative video “21st Century Trade Exchange”. The video, which features John C. Morgan as George W. Bush, really hits home. (PRWeb May 19, 2013) Read the full story at http://www.prweb.com/releases/2013/5/prweb10748246.htm Read more on this news related to 'Barter'