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Barter houses are the primary outside source of aid for companies beset by the uncertainty of a counter trade.

What are barters ?

  • A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.
  • In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.
  • A straightforward idea underlies bartering: Two parties bargain to determine the relative worth of their goods and services, then offer them to one another in an equal exchange.
  • It predates the creation of actual hard cash and is the world's oldest form of trade.

By bartering, people can exchange goods they already have but aren't utilizing for necessities while still retaining cash on hand to cover costs like a mortgage, utilities, and other out-of-pocket expenses.

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