Barter

immediate & direct reciprocal exchange of goods or services without use of money

Barter is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in that the reciprocal exchange is immediate and not delayed in time.

White Traders bartering with Indians


CONTENT : A - F , G - L , M - R , S - Z , See also , External links

A - F

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  • The original form of trade was barter trade, defined as the direct exchange of goods and services for other goods and services.
  • I utter in words my thanks to the Ruler of all, the King of Glory, the everlasting Lord, for the treasures which I here gaze upon, in that I have been allowed to win such things for my people before my day of death! Now that I have given my old life in barter for the hoard of treasure, do ye henceforth supply the people's needs, — I may stay here no longer. Bid the war-veterans raise a splendid barrow after the funeral fire, on a projection by the sea, which shall tower high on Hronesness as a memorial for my people, so that seafarers who urge their tall ships from afar over the spray of ocean shall thereafter call it Beowulf's barrow.

G - L

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Scandinavian and Russian traders bartering their wares. Olaus Magnus, 1555
  • This I know - if all men should take their troubles to the market to barter with their neighbors, not one, when he had seen the troubles of other men, but would be glad to carry his own home again.
  • That for this We'll make a trade called "barter" I'll give you this for that That for this We'll have it made with without money there...

M - R

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  • Say to My servants who believe that they should keep up prayer and spend out of what We have given them secretly and openly before the coming of the day in which there shall be no bartering nor mutual befriending. (Abraham 14.31)
  • O you who believe when you deal with each other in contracting a debt for a fixed time, then write it down and let a scribe write it down between you with fairness and the scribe should not refuse to write as Allah has taught him, so he should write and let him who owes the debt dictate, and he should be careful of (his duty to) Allah, his Lord, and not diminish anything from it but if he who owes the debt is unsound in understanding, or weak, or (if) he is not able to dictate himself, let his guardian dictate with fairness and call in to witness from among your men two witnesses but if there are not two men, then one man and two women from among those whom you choose to be witnesses, so that if one of the two errs, the second of the two may remind the other and the witnesses should not refuse when they are summoned and be not averse to writing it (whether it is) small or large, with the time of its falling due this is more equitable in the sight of Allah and assures greater accuracy in testimony, and the nearest (way) that you may not entertain doubts (afterwards), except when it is ready merchandise which you give and take among yourselves from hand to hand, then there is no blame on you in not writing it down and have witnesses when you barter with one another, and let no harm be done to the scribe or to the witness and if you do (it) then surely it will be a transgression in you, and be careful of (your duty) to Allah, Allah teaches you, and Allah knows all things.

S - Z

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  • The propensity to truck, barter and exchange one thing for another … is common to all men, and to be found in no other Race race of animals.
  • BARTER
    Life has loveliness to sell—
    All beautiful and splendid things,
    Blue waves whitened on a cliff,
    Climbing fire that sways and sings,
    And children's faces looking up
    Holding wonder like a cup.
    Life has loveliness to sell -
    Music has a curve of gold,
    Scent of pine trees in the rain,
    Eyes that love you, arms that hold,
    And for your spirit’s still delight,
    Holy thoughts that star the night.
    Spend all you have for loveliness,
    Buy it and never count the cost.
    For one while singing hour of peace
    Count many a year of strife well lost,
    And for a breath of ecstasy
    Give all you have been or could be.
  • The most simple of all trade, is that which is carried on by bartering the necessary articles of subsistence...draw from it his food, and the surplus will be the object of barter: he will give this in exchange to any one who will supply his other wants... and the more free hands are required, the more surplus food must be produced by additional labour, to supply their demand.
 
An 1874 newspaper illustration from Harper's Weekly, showing a man engaging in barter: offering chickens in exchange for his yearly newspaper subscription.
  • I want to take the calculated risk; to dream and to build, to fail and to succeed. I refuse to barter incentive for a dole. I prefer the challenges of life to the guaranteed existence; the thrill of fulfillment to the stale calm of utopia
  • An intellectual hatred is the worst,
    So let her think opinions are accursed.
    Have I not seen the loveliest woman born
    Out of the mouth of Plenty's horn,
    Because of her opinionated mind
    Barter that horn and every good
    By quiet natures understood
    For an old bellows full of angry wind?
  • Have I not seen the loveliest woman born
    Out of mouth of Plenty's horn,
    Because of her opinionated mind
    Barter that horn and every good
    By quiet natures understood
    For an old bellows full of angry wind?
  • Should have to pay, For the sins of the father so I barter my tomorrows against my yesterday’s In hopes that she will be OK.

See also

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Wikipedia
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