barter

Barter is an exchange of goods or services directly between parties without using money. Instead of paying cash, individuals or businesses trade items they need or can offer in return for something else of equal value. For example, a farmer might trade vegetables for a mechanic’s services. Barter relies on both parties agreeing on the value of what they exchange. It’s an ancient form of commerce that still occurs today, often on a smaller scale or within communities and businesses with specific needs. Barter can help save money and facilitate transactions when cash is unavailable or inconvenient.