Barter Meaning: Definition, Examples, and Translations
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barter
[ˈbɑːrtər ]
Definitions
trade without using money
Barter is the exchange of goods or services for other goods or services without using money. It has been used for centuries as a way of trading and has been a key part of many ancient civilizations.
Synonyms
Examples of usage
- People used to barter goods like grain for tools.
- She bartered her painting skills for a new bicycle.
- Barter was common in small communities where money was scarce.
to exchange goods or services without using money
To barter is to exchange goods or services for other goods or services without using money. It involves negotiating the terms of the exchange directly between the parties involved.
Synonyms
Examples of usage
- They decided to barter their vegetables for fresh eggs.
- She bartered her old books for a new laptop.
- People used to barter before the invention of currency.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Historical Background
- Barter was common in ancient civilizations, where goods like spices, livestock, and grains were exchanged.
- In Mesopotamia, people used barter to trade surplus crops for other needed goods, forming the basis of early commerce.
Modern Usage
- Today, some communities and online platforms encourage barter systems to provide services or goods without cash.
- Certain governments implement barter systems to promote trade and support local economies.
Psychology
- Research shows that people feel more satisfied and invested when they can negotiate terms in a barter exchange.
- Barter can build stronger social ties, as trading often involves personal relationships and trust-building.
Pop Culture
- Bartering plays a vital role in many survival shows, where participants must rely on their skills to trade for supplies.
- The concept has appeared in numerous movies and books, often illustrating the creativity of humans when traditional currency is unavailable.
Origin of 'barter'
Main points about word origin
- The word 'barter' comes from the Old French term 'barater,' meaning to cheat, swap, or exchange.
- Its roots can be traced back to the early trade practices before money was invented, emphasizing trading items instead of currency.
The practice of barter dates back to ancient times when people would exchange goods and services directly with each other. It was a common method of trade before the invention of currency. Barter allowed individuals to obtain the goods they needed without relying on a standardized form of money. Over time, barter systems evolved into more complex forms of trade, eventually leading to the development of currency and modern economic systems.