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barter |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Idioms, Wikipedia, Hutchinson | 0.03 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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He would have heard of channels and sandbanks, of natural features of the land useful for sea-marks, of villages and tribes and modes of barter and precautions to take: with the instructive tales about native chiefs dyed more or less blue, whose character for greediness, ferocity, or amiability must have been expounded to him with that capacity for vivid language which seems joined naturally to the shadiness of moral character and recklessness of disposition. These coins being scarce, the people were often forced to barter their commodities instead of selling them. many a prince has been known To barter his robes for our cowl and our gown, But which of us e'er felt the idle desire To exchange for a crown the grey hood of a Friar! |
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