Barter

v. exchange goods and services

n. exchanging of goods and services; trade

For other uses, see Barter (disambiguation). Barter is a type of trade that doesn't use any medium of exchange, in which goods or services are exchanged for other goods and/or services. It can be bilateral or multilateral as trade. Barter and money are different means of balancing an economic exchange. Barter is used in societies where no monetary system exists. When there is one, it is also used, especially in economies suffering from a very unstable currency (as when hyperinflation hits).
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Noun
1. an equal exchange; "we had no money so we had to live by barter"
(synonym) swap, swop, trade
(hypernym) exchange, interchange
(hyponym) horse trade, horse trading
Verb
1. exchange goods without involving money
(hypernym) exchange, change, interchange
(derivation) barterer

(v. t.)
To trade or exchange in the way of barter; to exchange (frequently for an unworthy consideration); to traffic; to truck; -- sometimes followed by away; as, to barter away goods or honor.
  

(v. i.)
To traffic or trade, by exchanging one commodity for another, in distinction from a sale and purchase, in which money is paid for the commodities transferred; to truck.
  

(n.)
The thing given in exchange.
  

(n.)
The act or practice of trafficking by exchange of commodities; an exchange of goods.
  

The trading/exchange of goods or services without using currency.