Search results
Results from the WOW.Com Content Network
In trade, barter (derived from bareter [1] is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. [2]
Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking. Group A would leave trade goods in a prominent position and signal, by gong, fire, or drum for example, that they had left goods.
A moneyless economy or nonmonetary economy is a system for allocation of goods and services without payment of money. The simplest example is the family household.Other examples include barter economies, gift economies and primitive communism.
With barter, an individual possessing any surplus of value, such as a measure of grain or a quantity of livestock, could directly exchange it for something perceived to have similar or greater value or utility, such as a clay pot or a tool, however, the capacity to carry out barter transactions is limited in that it depends on a coincidence of ...
Countertrade also occurs when countries lack sufficient hard currency, or when other types of market trade are impossible.. In 2000, India and Iraq agreed on an "oil for wheat and rice" barter deal, subject to United Nations approval under Article 50 of the UN Persian Gulf War sanctions, that would facilitate 300,000 barrels of oil delivered daily to India at a price of $6.85 a barrel while ...
Zooey Deschanel is a fun and festive mom! The actress, 44, attended an event for The Simpsons’ latest holiday special, "O C’mon All Ye Faithful," on Friday, Dec. 13, when she was accompanied ...
Construction hiring has slowed down in the last few months as immigration and interest rate uncertainty weigh on the sector.
NFL teams are spending big on quarterbacks. Stacker compiled a list of QBs with a $200 million contract using data from Spotrac.