Dictionary
Thesaurus
Encyclopedia
Translator
Web
Related Searches

dumb barter

 - 2 dictionary results

dumb barter

–noun
a form of barter practiced among some peoples, in which the goods for exchange are left at and taken from a preselected spot without the exchanging parties ever coming face-to-face.
Also called silent barter, silent trade.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To dumb barter
Encyclopedia

dumb barter

specialized form of barter in which goods are exchanged without any direct contact between the traders. Generally, one group goes to a customary spot, deposits the goods to be traded, and withdraws, sometimes giving a signal such as a call or a gong stroke. Another group then comes to leave a second set of articles and retreats. The first group returns, removing these new goods if satisfied or leaving them until additions are made. The second group then takes the original wares to conclude the transaction

Learn more about dumb barter with a free trial on Britannica.com.

Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
Cite This Source
Search another word or see dumb barter on Thesaurus | Reference
FacebookTwitterFollow us: