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barter |
Also found in: Legal, Financial, Wikipedia, Hutchinson | 0.06 sec. |
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barter: see exchange exchange, mutual transfer of goods, money, services, or their equivalents; also the marketplace where such transfer occurs, such as a stock exchange or a commodity exchange. ..... Click the link for more information. . barterDirect exchange of goods or services without the use of money or any other intervening medium of exchange. Barter is conducted either according to established rates of exchange or by bargaining. Barter is common among preliterate societies, particularly in those communities with some developed form of market. Goods may be bartered within a group as well as between groups, although gift exchange probably accounts for most intragroup trade, particularly in small and relatively simple societies. See also currency. barter trade by the exchange of goods How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Vardabash served as Executive Director of IRTA -- the only international trade association for the barter trade industry -- for seven years. China's agricultural products import and export trade form mainly include general trade, processing trade, and small-scale border trade, barter trade and so on. In addition, Bentley Commerce intends to serve as a global clearinghouse for barter trades for Fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and hospitality companies. |
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