barter

Popular Terms
Trading in which goods or services are exchanged without the use of cash. Resorted-to usually in times of high inflation or tight money, barter is now a common form of trading in deals such as offers to buy surplus goods in exchange for advertising space or time. Advent of internet has transformed bartering from largely person-to-person to mainly business-to-business exchange where items ranging from manufacturing capacity to steel and paper are bartered across international borders on a daily basis.

Use 'barter' in a Sentence

In lieu of money, the company used a barter system to obtain the raw materials it needed by giving the providers of those materials finished goods.
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Before societies used money to pay for goods and services they used the barter system and in the end everyone ended up with something they needed.
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He didn't have enough money to buy a new bike so he created an ad in the newspaper offering to barter his couch for one
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