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Wiktionary
countertrade

n. (context international trade English) Exchange of goods or services that are paid for, in whole or part, with other goods or services.

Wikipedia
Countertrade

Countertrade means exchanging goods or services which are paid for, in whole or part, with other goods or services, rather than with money. A monetary valuation can however be used in countertrade for accounting purposes. In dealings between sovereign states, the term bilateral trade is used.

Usage examples of "countertrade".

The firm financed international multi-lateral countertrade and leasing transactions.