barter trade

Trade without money

Barter trade is the direct exchange of goods or services without using money as an intermediary.

The phrase is slightly redundant—barter already implies trade—but appears in formal and international contexts: The two countries established a barter trade agreement to exchange oil for machinery.

The compound emphasizes the transactional nature of the exchange.

Related

village market · wampum · silk road · offset · mutual benefit · reciprocity · equal exchange · quid pro quo · moneyless · no money down · handshake · shake on it · early civilizations · bargain · haggle · value · resource allocation · cultural exchange

Opposites
medium of exchange

barter tradecredit transaction

Payment deferred buying

check payment · wire transfer · electronic payment · digital payment · financial transaction

formality of exchange system

barter trademarket economy

Commerce-based economic system

wholesale trade · commercial transaction · stock exchange · commodities market

economic development stage

barter trademonetary system

Framework for managing currency

fintech · global finance

Family

barter, trade, bartered, bartering, barterer, barterers, traded, trading, trader

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G