The Probert Encyclopaedia of Money

BARTER

Barter is a method of trading in which goods or services are exchanged without the use of money. It is a cumbersome system, which severely limits the scope for trade. Means of exchange, such as money, enable individuals to trade with each other at much greater distance and through whole chains of intermediaries, which are inconceivable in a barter system. With a general falling in literacy during the 21st century, the term barter was frequently erroneously used in place of the term haggle when refering to negotiating or arguing over a price to be paid for goods or services.
Research Barter