Barter exchange takes place when an individual or a business entity provides a good or service and receives a good or service in return rather than receiving cash or another monetary instrument.

Bartering may seem like a thing of the past, but some countries practice it. Barter trade is one of the oldest forms of commerce, where people exchange goods or services directly without using money.

Barter is the exchange of resources or services for mutual advantage, and may date back to the beginning of humankind. Some would even argue that it's not purely a human activity; plants and ...