Barter Exchange

Information on barters and barter exchange is provided under this Yellow™ heading.  A bartering exchange specialises in bartering, or the exchange of goods or services for other goods or services.  Bartering typically involves no use of monetary possessions such as money. For more information on barter exchange, look under this Yellow™ heading.

Bartering has been in existence for hundreds of years, especially in the years in which no monetary type of money was available.  Individuals would essentially trade items, such as goods or services, for other items that could be considered of equal value to each party.  The value was not based, again, on monetary value; but rather the value that the item provided to the individual.  For example, if one individual required corn and another required wheat, the two might exchange a pound of corn for a pound of wheat.

Although bartering is still used today, it is less common than several years ago. Bartering can provide the exchange of services without the use of money, which can work towards one’s advantage, especially those that do not have significant amounts of money to spend.  Present day, bartering is used most commonly among businesses (i.e. business to business).

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