Word: barterer
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...important thing to remember about The Barterbank is that it uses a system of indirect barter," Donald J. Magder, co-founder and co-director of the bank, which is presently used by about 60 people, said...
...have to swap one-on-one with the same person, but you can trade your services for credits which you can use to obtain the specific service or good that you need," Magder added, saying, "This system gives you a lot more flexibility than a direct barter system...
...Bartering seems to be an idea whose time has come. Barter journals and columns in newspaper classified sections are growing in number. The Department of Commerce estimates that 20 per cent of all U.S. trade will be on a barter basis within the next ten years...
...value of currency plummeted, Poles bought almost anything they could find. The reason was simple enough. One man's expendable Chinese rug might turn out to be another man's treasure. The result: a primitive system of barter. A cab driver with a can of oil could trade with a café manager for a pound of coffee. A pair of leather boots would get a sack of potatoes, and a bottle of vodka was pure gold. A Warsaw schoolteacher marveled when one enterprising boy in her class announced that he was willing to trade girl...
...very cash-oriented Internal Revenue Service is now closely looking into all the wheeling and dealing, since the benefits received from barter agreements are generally still taxable at fair market value. In order to catch up with members of the new cashless society, the IRS is auditing more than 2,600 barter-ladened tax returns. Yield so far in additional taxes assessed...