barter system

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(bar-ter-sys-tem) 3 syllables

Definition

noun. A method of exchange in which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money.

Example Sentence

In ancient times, people used the barter system to trade goods like grain and livestock.

More Example Sentences

The barter system can be useful in situations where currency is unstable or unavailable.

Synonyms

trade; swap; exchange

Antonyms

purchase; buy; sell

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barter system
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