Bartering: meaning, definitions and examples

trade without using money

Bartering is the act of exchanging goods or services for other goods or services without using money. It has been a common practice throughout history, especially in times when currency was not widely available. Bartering can involve negotiation and haggling to determine a fair exchange rate for both parties involved.

exchange, swap, trade

Examples of usage

• People in ancient times used bartering to acquire the items they needed for survival.

• Instead of paying with cash, they would barter with their own goods or services.

• Bartering can still be seen today in some communities where traditional methods of trade are preferred.