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countertrade

[koun-ter-treyd] /ˈkaʊn tərˌtreɪd/
noun
1.
trade, especially international trade, carried on for payment wholly or partially in goods instead of cash or credit.
Origin of countertrade
1915-1920
First recorded in 1915-20; counter- + trade
Related forms
countertrader, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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British Dictionary definitions for countertrade

countertrade

/ˈkaʊntəˌtreɪd/
noun
1.
international trade in which payment is made in goods rather than currency
verb (transitive)
2.
to buy or sell goods by countertrade: countertrading weapons for coffee beans
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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