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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

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Other Words From

  • counter·trader noun

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Word History and Origins

Origin of countertrade1

First recorded in 1915–20; counter- + trade

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countertopcountertransference

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