Barterable: meaning, definitions and examples
🔄
barterable
[ˈbɑːrtərəb(ə)l ]
Definition
goods or services
Capable of being exchanged for goods or services without the use of money.
Synonyms
exchangable, swappable, tradeable.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
barterable |
Used when describing items that can be exchanged in a system where goods or services are directly traded for other goods or services without using money.
|
tradeable |
Used in economic or financial contexts to describe assets, commodities, or securities that can be traded on markets.
|
swappable |
Informal term often used in everyday contexts when describing items that can be swapped with each other, emphasizing a direct swap.
|
Examples of usage
- Barterable items include livestock, crops, and handmade crafts.
- Before the invention of currency, most transactions were barterable.
- The barterable nature of the goods allowed for a flexible economy.
- The barterable system was common in ancient civilizations.
- Many small communities still rely on barterable goods for trade.
Interesting Facts
Etymology
- The word comes from 'barter', which has roots in Middle English and was influenced by the French word 'barater', meaning to cheat or deceive in a trade.
- Bartering dates back thousands of years, long before money existed; early societies traded goods and services directly.
- The term 'barter' has evolved over time, but its essence of trade without currency remains.
Historical Significance
- Ancient Mesopotamia is one of the earliest places known to use bartering, where items like grain, cattle, and textiles were exchanged.
- During the Great Depression, many communities revived barter systems as a means of survival when money was scarce.
- Bartering played a crucial role in establishing early economies, fostering relationships and community trust.
Modern Applications
- Today, online bartering platforms allow people around the world to trade services and goods, emphasizing a return to direct exchange.
- Some local communities have created barter networks and time banks, allowing people to trade skills like gardening for tutoring.
- Bartering is often seen as a sustainable practice, promoting resourcefulness and minimizing waste by repurposing items.
Cultural Perspectives
- In some indigenous cultures, bartering has been a long-standing tradition, serving as a vital social function that builds community bonds.
- Festivals in various cultures often feature barter markets, promoting local crafts and goods while encouraging community interaction.
- In Japan, a traditional form of barter called 'mottainai' focuses on reducing waste and respecting resources by trading unused items.
Psychological Aspects
- Bartering can create a sense of satisfaction and fairness, as individuals feel they are receiving equal value for what they give away.
- Studies suggest that bartering may reduce feelings of economic vulnerability since it does not rely on fluctuating currency value.
- Exchanging goods can foster stronger interpersonal relationships, as it often involves negotiation and understanding between parties.
Translations
Translations of the word "barterable" in other languages:
🇵🇹 trocável
🇮🇳 विनिमेय
🇩🇪 tauschbar
🇮🇩 dapat ditukar
🇺🇦 бартерний
🇵🇱 wymienialny
🇯🇵 交換可能(こうかんかのう)
🇫🇷 échangeable
🇪🇸 canjeable
🇹🇷 takas edilebilir
🇰🇷 교환 가능한
🇸🇦 قابل للمقايضة
🇨🇿 směnitelný
🇸🇰 vymeniteľný
🇨🇳 可交换的
🇸🇮 zamenljiv
🇮🇸 skiptanlegt
🇰🇿 айырбасталатын
🇬🇪 გაცვლადი
🇦🇿 dəyişdirilə bilən
🇲🇽 canjeable