Bartering

v. exchange goods and services

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

(p. pr. & vb. n.)
of Barter
  

exchanging goods for others of equal value.