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Barter

• Is a process between counterparties who exchange goods or services for other goods and services. Generally, this activity is conducted as a cashless transaction.

 
 Embedded terms in definition
 Counterparties
Exchange
 
 Referenced Terms
 Counter trade: The exchange of goods for other goods rather than for cash; Barter.

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The most important thing about a man is what he believes in the depth of his being. This is the thing that makes him what he is, The thing that organizes him and feeds him; the thing that keeps him going in the face of untoward circumstances; the thing that gives him resistance. Hugh Stevenson Tigner

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