barter
verb
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Definition of barter
(Entry 1 of 2)
barter
nounDefinition of barter (Entry 2 of 2)
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Other Words from barter
Verb
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noun
Synonyms for barter
Synonyms: Noun
back-and-forth, commutation, dicker, exchange, quid pro quo, swap, trade, trade-off, truck
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Examples of barter in a Sentence
Noun
The tribes use a system of barter. The explorers used blankets and other supplies for barter to get food from the native people.Recent Examples on the Web: Verb
The new Terrestrial Plant Rule lists dame's rocket and 43 other plants that are not to be sold, gifted, bartered, exchanged, distributed, transported or introduced in Indiana. — Jo Ellen Meyers Sharp, Indianapolis Star, "The Hoosier Gardener: Common problems challenge gardeners," 25 July 2019 Don't forget to negotiate Just like bartering at a garage sale, there's often a little wiggle room on both leases and vehicle financing. — Lizz Schumer, Good Housekeeping, "Leasing vs. Buying a Car: How to Decide What's Right for You," 1 Aug. 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'barter.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for barter
barter
nounFinancial Definition of barter
What It Is
A barter (or bartering) is an exchange between two parties using goods and services for payment instead of currency.
How It Works
The barter system enables two parties to exchange goods or services based on mutually perceived value.
To illustrate, a plumber can fix a baker’s sink, for which the baker would normally have paid $100 for the service. Instead, the baker gives the plumber $100 worth of his baked goods.
Another example would be a photographer agreeing to photograph a dentist's wedding pictures in return for some dental work of equal value.
These transactions do not involve any exchange of currency, however, each party benefits from the transaction.
Why It Matters
People have bartered for goods and services since the dawn of civilization. Historically the barter system has been employed in times of financial crisis when currencies are unstable or when there is no common currency.
In addition, bartering is especially useful for parties that don't have a strong cash position that would normally be used to pay for goods or services.
Source: Investing Answers
barter
verb
English Language Learners Definition of barter
(Entry 1 of 2)
barter
nounEnglish Language Learners Definition of barter (Entry 2 of 2)
See the full definition for barter in the English Language Learners Dictionary