Barter
/ˈbɑːrtər/
Definitions
- (n.) The exchange of goods or services without using money.
The villagers engaged in barter to obtain necessities.
- (v.) To trade goods or services directly without money.
They bartered their handmade furniture for fresh produce.
Forms
- barters
- bartered
- bartering
Related terms
See also
Commentary
Barter is less formal than monetary transactions and may require clear agreement on equivalent value to avoid disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.