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The exchange of goods or services without the use of money as currency.

Barter is a contract wherein parties trade goods or commodities for other goods, as opposed to sale or exchange of goods for money. Barter is not applicable to contracts involving land, but solely to contracts relating to goods and services. For example, when a tenant exchanges the performance of various maintenance tasks around a house for free room and board, a barter has taken place.


verb bargain, buy and sell, deal, dicker, give and take, give in exchange, haggle, interchange, make exchanges, market, merces mutare, merchandise, peddle, rem pro re pacisci, rem re mutare, strike a bargain, swap, switch, trade, trade by exchange, trade off, traffic by exxhange, vend
See also: alienate, business, commerce, deal, dealings, dicker, exchange, handle, interchange, sell, trade


exchanging one thing for another. If there is money involved (a part exchange) then the transaction is probably one of sale. The position in the UK is that barter is now governed by the same kind of implied terms as a sale. See QUALITY, DESCRIPTION, TITLE.

BARTER. A contract by which the parties exchange goods for goods. To complete the contract the goods must be delivered, for without a delivery, the right of property is not changed.
     2. This contract differs from a sale in this, that barter is always of goods for goods, whereas a sale is an exchange of goods for money. In the former there never is a price fixed, in the latter a price is indispensable. All the differences which may be pointed out between these two contracts, are comprised in this; it is its necessary consequence. When the contract is an exchange of goods on one side, and on the other side the consideration is partly goods and partly money, the contract is not a barter, but a sale. See Price; Sale.
     3. If an insurance be made upon returns from a country where trade is carried on by barter, the valuation of the goods in return shall be made on the cost of those given in barter, adding all charges. Wesk. on Ins. 42. See 3 Camp. 351 Cowp. 818; 1 Dougl. 24, n.; 1 N. R. 151 Tropl. de l'Echange.

References in periodicals archive ?
In December, Russian Minister of Economic Development Aleksey Valentinovich Ulyukayev announced that his country had proposed a framework for barter trade with Iran.
The Finance Minister said that during the Prime Minister's visit to Iran, both the sides had reaffirmed their commitment that while remaining within the ambit of UN sanctions, mutual trade and cooperation will be enhanced with barter trade and commodities exchange mechanism.
Chaired an inter-ministerial meeting on facilitating Pakistan-Iran trade, within the ambit of UN sanctions, at the Finance Ministry, he said that "we need to build mutual confidence to overcome the impediments in barter trade and commodity exchanges facilities enabling the two countries to benefit from their proximity and neighborhood".
But not all exhibit enthusiasm for this cross- border barter trade.
As the quota for the barter trade pier will be moved to both jetties temporarily, fishermen can now take their diesel supply at the Pasar Ikan Pier or PNK Pier in Tanjung Batu.
We have not got barter trade proposal from the Iranian government so far.
is sponsoring a Barter Trade Exchange Network forming a new type of barter service.
com)-- One of Australia's leading music and messages on hold company, Phone Sound, has turned to Barter trade dollars as an incentive for other businesses to "trade" products and services with the audio advertising company.
In a press statement, Kabariti said his participation will focus on issues of global trade and investment in industry and barter trade.
The nationally famous franchise delivers great savings to its franchisees in printing and distribution methods that make for an efficient and profitable business;This company offers you: Excellent Records, Barter Trade , , Defined Industry Niche, Home Based [Optional]
Other improvements would include the "discontinuation of barter trade, establishment of new marketing and logistics departments, and introduction of modern accounting software".
Watana added that the idea conforms with the government's policy favoring more barter trade for state purchases worth more than 300 million baht.