Bartering
/ˈbɑːrtərɪŋ/
Definitions
- (n.) The exchange of goods or services directly without using money as a medium.
The small businesses survived by bartering supplies and services during the economic downturn.
Forms
- barter
- bartered
Related terms
See also
Commentary
Bartering is distinct from monetary transactions and often arises in contracts or agreements lacking monetary payment.
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.