barter

Definition

The exchange of products and/or services without the use of money. also called exchange

Use barter in a sentence

We had begun negotiations which resembled the idea of the barter as the optimal way to facilitate the medium of exchange.

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Rather than buying and selling, some local businesses use a barter system in which they exchange their individual goods instead.

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The Amish folk to the north of us sure like to barter. Instead of cash, we trade plastic buckets and old tires for their quilts, butter, and handmade chairs!

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countertrade 1099-B Form