countertrade

[ koun-ter-treyd ]
/ ˈkaʊn tərˌtreɪd /

noun

trade, especially international trade, carried on for payment wholly or partially in goods instead of cash or credit.

Origin of countertrade

First recorded in 1915–20; counter- + trade

OTHER WORDS FROM countertrade

coun·ter·trad·er, noun

Words nearby countertrade

countersuit, countertenor, counterterrorism, countertop, countertraction, countertrade, countertransference, counterturn, countertype, countervail, countervailing duty

British Dictionary definitions for countertrade

countertrade
/ (ˈkaʊntəˌtreɪd) /

noun

international trade in which payment is made in goods rather than currency

verb (tr)

to buy or sell goods by countertrade countertrading weapons for coffee beans