Concept information
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business and management
entrepreneurship
new venture management
entrepreneurship financing and economic development
Preferred term
barter
Definition
- Barter is a form of countertrade where goods and/or services are exchanged simultaneously without using money or similar monetary instruments. This type of trade refers to a single contract between two parties who are fully compensated by the traded nonmon-etary items. [Source: Encyclopedia of Business in Today's World; Barter]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/barter
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