compensatory trade

compensatory trade definition - business

compensatory trade

The sale of goods and services with payment in the form of goods rather than cash. For example, the sale of manufacturing equipment by a U.S. firm to several Asian businesses that promise payment in the form of goods to be produced by the equipment.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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