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.
Q&A Related to "Definition of Barter System?"
barterer: a trader who exchanges goods and not money
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Silent barter is a system whereby traders who cannot speak each other's
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Means to deal for something exchange an item for an item! REFERENCE: v. intr. To trade goods or services without the exchange of money. v. tr. To trade (goods or services) without
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1) Currency is smaller and easier to carry, so it is easier for citizens to get robbed. 2) Currency without intrinsic value may be easily devalued, either through government policy
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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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