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Counter trade

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(Querist)
12 January 2011 What is Counter Trade?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
12 January 2011 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 counter trade for accounting purposes. In dealings between sovereign states, the term bilateral trade is used. OR "Any transaction involving exchange of goods or service for something of equal value."

Source : Wikipedia
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
13 January 2011 simply, partly or fully barter trade
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