COUNTERTRADE

Etymology

Noun

countertrade (countable and uncountable, plural countertrades)

(international trade) Exchange of goods or services that are paid for, in whole or part, with other goods or services.

Hyponyms

kinds of countertrade

• barter

• buyback

• counter purchase

• offset

• switch trading

Verb

countertrade (third-person singular simple present countertrades, present participle countertrading, simple past and past participle countertraded)

To engage in exchanges of this kind.

Source: Wiktionary

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