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Counterpurchase
(redirected from Counter-Purchase)

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Counterpurchase
Exchange of goods between two parties under two distinct contracts expressed in monetary terms.

Counterpurchase
An agreement between two persons or companies to buy goods or services from each other, usually at different times. For example, Company A may buy goods from Company B in March, and then sell different goods to Company B in April. Counterpurchases are made for the mutual benefit of both companies.


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Some of the more popular ones are counter-purchase, barter or compensation trade, buyback, offset, switch trading and evidence accounts.
Indonesia and Russia are negotiating counter-purchase plan and the number of commodities to be bartered with Sukhoi-30 fighters.
What seems to be a rare but most appropriate method of providing financial assistance is the creation of counter-purchase agreements whereby shrimp exports are "traded" for commodities, equipment or services provided by multi-national corporations or other entities.
 
 
 
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