countertrade

[ koun-ter-treyd ]

noun

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

countertrade

/ ˈkaʊntəˌtreɪd /

noun

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

verb

1. to buy or sell goods by countertrade

   countertrading weapons for coffee beans

Other Words From

• counter·trader noun

Word History and Origins

Origin of countertrade¹

First recorded in 1915–20; counter- + trade