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Barter
(redirected from Barter economy)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Barter
The trading/exchange of goods or services without using currency.
Barter
To trade one item for another of roughly equal value. That is, bartering occurs without a medium of exchange like money. For example, one may trade 10 apples for 10 oranges. Bartering exists in all societies, though it is less common than monetary transactions. See also: Horizontal Security Exchange, Payment-in-Kind.
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The problem with a barter economy is that if two people want to trade, but don?
Gold - What Is It Really Worth? by Jeffrey Ellerman, Esq. / Finance and Investment community
Byline: Jenny Waddington THE credit crunch has forced a barter economy between major companies, the UK managing director of Jaguar Cars has revealed.
Barter economy on rise - Jaguar; CREDIT CRUNCH: Firms looking for ... by Coventry Evening Telegraph (England)
It's unofficial, but a week of reading Gulf News leads to one reasonable conclusion: we are in a barter economy.
We have entered a barter economy by Gulf News (United Arab Emirates)
 
 
 
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