countertrade

[ koun-ter-treyd ]
/ ˈkaʊn tərˌtreɪd /

noun

trade, especially international trade, carried on for payment wholly or partially in goods instead of cash or credit.

Origin of countertrade

First recorded in 1915–20; counter- + trade

Related forms

coun·ter·trad·er, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for countertrade

countertrade

/ (ˈkaʊntəˌtreɪd) /

noun

international trade in which payment is made in goods rather than currency

verb (tr)

to buy or sell goods by countertradecountertrading 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