barter
UK: ˈbɑːtə | US: ˈbɑːrtər
n. the exchange of goods or services without using money
vt. to trade goods or services directly for other goods or services
The word "barter" originates from Old French barater (to cheat, deceive, or trade), which likely derived from Vulgar Latin baratare (to haggle or trade). The root bar- relates to exchange or trade, while the suffix -ter may imply repetitive action or agency. Over time, the negative connotation of deception faded, leaving the neutral sense of direct trade.
Before currency existed, people relied on barter to obtain necessities.
The farmers agreed to barter wheat for tools with the blacksmith.
Barter systems are still practiced in some rural communities.
She bartered her handmade jewelry for fresh produce at the market.
In times of economic crisis, barter often resurges as an alternative to cash transactions.