barter Hear it!

barter definition - finance
To trade goods or services for other goods or services of equivalent value. Currency is not used. While bartering is often associated with undeveloped econ-omies or thought of as a historical way of conducting commerce, it is still used in developed countries in certain circumstances.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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