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?"
barter exchange is an organization which serves as a third party to coordinate barter transactions between members of the organization and as a bank to keep track of the value of
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Barter is an equal exchange; "we had no money so we had to live by barter".
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barterer: a trader who exchanges goods and not money
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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 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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