barter

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Barter

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.

barter

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

barter

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 classic literature ?
had I known--if I had known--I would many times have bartered my poor laurels for the privilege, such as Tinsley and Herrera possess, of having aided him in his monumental researches.
A very pretty girl bartered a heart as clear as crystal, and which seemed her most valuable possession, for another jewel of the same kind, but so worn and defaced as to be utterly worthless.
There around us lay treasures enough to pay off a moderate national debt, or to build a fleet of ironclads, and yet we would have bartered them all gladly for the faintest chance of escape.
She did not know that in his capacity as cook he had that day been rowed up this very stream to a little village where he had bartered with the natives for such provisions as they had for sale, and that he had there arranged the details of his plan for the adventure upon which they were now setting forth.
With many men I have been careful to show no sign of something that is called 'superiority;' I have adapted my mind to theirs; I have placed myself at their point of view, joined in their laughter, and overlooked their defects; any fame I might have gained, I would have bartered for a little kindly affection.
Hadn't I been told in all the tones of jealousy and admiration that he had collected, bartered, swindled, or stolen more ivory than all the other agents together.