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Barter
(redirected from Barter trade)

    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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But latest trade data suggests that the North may be resorting increasingly to barter trade to make it more difficult for the international community to pressure Pyongyang through sanctions.
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Watana added that the idea conforms with the government's policy favoring more barter trade for state purchases worth more than 300 million baht.
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