Trade Dollar


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Trade Dollar

A $1 coin minted in the United States between 1873 and 1885. It was produced in order to open up U.S. trade with East Asia. It contained 90% pure silver.
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An account with Southern Barter works the same as having an account with a bank, Flemmons said, except clients are spending trade dollars to buy and sell rather than cash.
A member can then use those trade dollars to buy goods or services from any other member, as long as he agrees to reciprocate to any other member.
The value of trade dollars received must be included in gross income for the tax year in which they are credited to the client's account.
The events provide an excellent venue for IMS clients to spend their trade dollars and network with other local members.
Unlike one-to-one transactions that occur with direct barter, BizXchange members accept BizX Trade Dollars for payment when they make a sale.
When members earn Trade Dollars from selling goods or services, they can spend those dollars anywhere in the BigVine network.
Since the beginning of the recessionary meltdown, IMS has added 22% more hotels, resorts and lodging establishments to the list of members accepting trade dollars as currency.
Seminars were also held to discuss the concept of trade, how it works, and the benefits by making purchases with trade dollars instead of cash dollars.
OTCBB: ITNM), a worldwide leader in business-to-business barter services, today announced the kick-off of its upcoming holiday expo season where IMS members across the country shop for holiday gifts with their IMS trade dollars.
Seminars will also be held to discuss the concept of trade, how it works, and the benefits by making purchases with trade dollars instead of cash dollars.
IMS member, John Sarantaskis, owner of People's Choice Family Fun Center in Waukegan, Illinois, used his IMS trade dollars to purchase a Xebra electric car from ZAP
Seminars will also be held to discuss the concept of trade, how it works and the benefits by making purchases with trade dollars instead of cash dollars.