Barterable: meaning, definitions and examples

🔄
Add to dictionary

barterable

 

[ˈbɑːrtərəb(ə)l ]

Definition

Context #1 | Adjective

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?

arrow down
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.

  • In the ancient market, many goods were barterable and traded directly for wheat or livestock.
  • Those small handmade crafts are highly barterable within the local community.
tradeable

Used in economic or financial contexts to describe assets, commodities, or securities that can be traded on markets.

  • Stocks and bonds are tradeable assets.
  • The new cryptocurrency is tradeable on several exchanges.
swappable

Informal term often used in everyday contexts when describing items that can be swapped with each other, emphasizing a direct swap.

  • These game cards are swappable among the players.
  • Some parts of this machine are easily swappable for others.

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