Counterpurchase

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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.

counterpurchase

see COUNTERTRADE.
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On March 9 the festive closing of the short-range anti-aircraft system Mistral counter-purchase contract took place, as the result of which 15 million euros' worth of foreign funds were invested in Estonia, reports National Broadcasting.
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.