Legal Definitions - barter

Definition: Barter is the exchange of goods or services without using money.

Example: If a farmer trades a bag of potatoes for a gallon of milk with a dairy farmer, it is an example of bartering.

Explanation: In this example, the farmer and dairy farmer are exchanging goods without using money. The farmer gives the dairy farmer a bag of potatoes, and in return, the dairy farmer gives the farmer a gallon of milk. This is an example of bartering.

Another example: If a person bakes a cake for their neighbor in exchange for mowing their lawn, it is also an example of bartering.

Explanation: In this example, the person is exchanging their baking skills for their neighbor's lawn mowing skills. They are not using money to make the exchange, which makes it a barter.