2006-10-10 01:55:25 · 19 answers · asked by Pat 4 in Business & Finance ➔ Other - Business & Finance
the very word barter means "Exchange".
In early days before currency was invented they used the Barter System.
To be more precise, I will expand it to this:
Barter is a type of trade where goods or services are exchanged for a certain amount of other goods and/or services; no money is involved in the transaction. It can be bilateral or multilateral as trade. It is a word frequently used as a synonym for 'negotiate/negotiation', but this usage is incorrect. A common form of barter during colonial times was tobacco. Also bushels of grain and wampum were popular forms.
2006-10-10 02:04:53 · answer #1 · answered by Anonymous · 0⤊ 0⤋
To Barter Means To
2017-01-02 11:32:51 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Barter Def
2016-11-13 05:04:13 · answer #3 · answered by ? 4 · 0⤊ 0⤋
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Bartering is trading one thing for another. Usually used in place of exchanging $ for goods or services. The disadvantage would be that it would be hard to place an exact and consistent value on a good or service since the thing you are trading for may be different from transaction to transaction. lets say you traded a tool for some food. Next week you need food again but you have no more tools to trade for it. What else would you trade for the same amount of food? See? it's inconsistent.
2016-04-13 00:27:22 · answer #4 · answered by ? 4 · 0⤊ 0⤋
It's a common mis-conception, but Barter DOES NOT mean to haggle. It means to trade, but is commonly associated with non-cash economies. For example, I might offer to swap three goats for that Cow. That would be a barter. I would be bartering my three goats.
2006-10-10 02:31:49 · answer #5 · answered by bernard 1 · 0⤊ 0⤋
I believe it means something like trade - but not using money. An Egyptian might barter (exchange) 3 camels for a ride down the Nile or maybe they would give their 2 children to the Pharoah as slaves in exchange for themselves not going into slavery.
2006-10-10 02:02:36 · answer #6 · answered by Bliss 2 · 1⤊ 0⤋
As a hair dresser I've bartered out a lot of things... I did hair services for a lady... that did my daughters wedding cake... also I lack $900.00 having enough money putting a new driveway... So, the guy doing it... took it all hair service for his wife and 3 daughters as a christmas gift... to me Bartering is swapping services for services... and you are suppose to pay income taxes on bartering....
2006-10-10 02:35:35 · answer #7 · answered by Sandy 6 · 2⤊ 0⤋
barter means trade
according to wikipedia, Barter is a type of trade where goods or services are exchanged for a certain amount of other goods and/or services; no money is involved in the transaction.
2006-10-10 01:58:14 · answer #8 · answered by Anonymous · 2⤊ 0⤋
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what does barter mean?
2015-08-19 02:15:10 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Bartering is the exchange of goods and services for other goods and services.
It is a way of trading without using money.
2006-10-10 01:58:39 · answer #10 · answered by ? 6 · 3⤊ 0⤋