What does barter mean?

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. BARTERING definition: 1. present participle of barter 2. to exchange goods for other things rather than for money: . Learn more.

What is an example of bartering?

For example, an accounting firm can provide an accounting report for an electrician in exchange for having its offices rewired by the electrician. Countries also engage in bartering when they are deeply in debt and are unable to obtain financing. Goods are exported in exchange for goods that the country needs.

What is bartering & how does it work?

Bartering is the exchange of goods and services between two or more parties without the use of money. It is the oldest form of commerce. Individuals and companies barter goods and services between each other based on equivalent estimates of prices and goods. The IRS considers bartering to be a form of income that incurs taxes.