Definition of Barter System?

Answer

The word barter can be defined as the action or method of exchanging goods or services without the use of money. The term can also mean the goods or services that are used for such an exchange.
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1 Additional Answer
Ask.com Answer for: what is the definition of barter
bar·ter
[bahr-ter]
VERB (USED WITHOUT OBJECT)
1.
to trade by exchange of commodities rather than by the use of money.
VERB (USED WITH OBJECT)
2.
to exchange in trade, as one commodity for another; trade.
3.
to bargain away unwisely or dishonorably (usually followed by away): bartering away his pride for material gain.
NOUN
4.
the act or practice of bartering.
5.
items or an item for bartering: We arrived with new barter for the villagers.
Source: Dictionary.com
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