Barter
Bar´ter Pronunciation: bär´tẽr
BARTER. A contract by which the parties exchange goods for goods. To
complete the contract the goods must be delivered, for without a delivery,
the right of property is not changed.
2. This contract differs from a sale in this, that barter is always of
goods for goods, whereas a sale is an exchange of goods for money. In the
former there never is a price fixed, in the latter a price is indispensable.
All the differences which may be pointed out between these two contracts, are
comprised in this; it is its necessary consequence. When the contract is an
exchange of goods on one side, and on the other side the consideration is
partly goods and partly money, the contract is not a barter, but a sale. See
Price; Sale.
3. If an insurance be made upon returns from a country where trade is
carried on by barter, the valuation of the goods in return shall be made on
the cost of those given in barter, adding all charges. Wesk. on Ins. 42. See
3 Camp. 351 Cowp. 818; 1 Dougl. 24, n.; 1 N. R. 151 Tropl. de l'Echange.
abalienate,
abalienation,
agency,
alien,
alienate,
alienation,
amortization,
amortize,
amortizement,
assign,
assignation,
assignment,
backscratching,
bargain,
bargain and sale,
bartering,
bequeath,
bequeathal,
brokerage,
buy and sell,
buying and selling,
cede,
cession,
change,
confer,
conferment,
conferral,
consign,
consignation,
consignment,
convey,
conveyance,
conveyancing,
dealing,
deed,
deed over,
deeding,
deliver,
deliverance,
delivery,
demise,
devolve upon,
disposal,
disposition,
do business,
doing business,
enfeoff,
enfeoffment,
even trade,
give,
give in exchange,
give title to,
give-and-take,
giving,
hand,
hand down,
hand on,
hand over,
horse trading,
horse-trade,
interchange,
jobbing,
lease and release,
logrolling,
make over,
merchandising,
negotiate,
pass,
pass on,
pass over,
pork barrel,
retailing,
sale,
sell,
settle,
settle on,
settlement,
settling,
sign away,
sign over,
surrender,
swap,
swap horses,
swapping,
switch,
take in exchange,
trade,
trade in,
trade off,
trade sight unseen,
trading,
traffic,
trafficking,
transfer,
transference,
transmission,
transmit,
transmittal,
truck,
turn over,
vesting,
wheeling and dealing,
wholesaling