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The bartering is a primitive restaurant form and the form of the trade. Goods directly exchanged for goods or services without the use of a currency.

In economic crisis periods the bartering can occur, for example exchanges city dwellers with farmer their belongings against food. Usually then however another article transfers the role of the currency, e.g. cigarettes in postwar Germany.

Beard he trade

A variant of the bartering is well-known also as beard he trade (recently also frequently beard ring called). In times of limited, and/or expensive money this is an ideal possibility of transacting additional conversions and of preserving the liquidity of the own enterprise. With the beard he trade goods and achievements are multilateral exchanged in principle not bilateral, but over a pool (to 100% or also to proportional portions of the goods/service value). The value of the respective handels (exchange) is expressed objects further in the appropriate currency and charged among the participants of the pool. The beard he trade is far common in North America. In Europe the Barterhandel in Switzerland of approx. each 5 becomes. Enterprise (2004: approx. 63,500 enterprises) apart from its conventional commercial transaction operated. In many other European countries the beard he trade is seen increasing than alternative for additional commercial transactions in satisfied markets.

See also

  • Exchange circle
  • Exchange stock exchange

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