Word: bartering
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Collegiate was so eager to find out how old it is that Headmaster Richard Barter and Trustee William L. Frost '47 in 1974 sent head librarian David Mallison to Holland to research the school's background...
Such an appeal would also be risky. State House observers say, because a good number of the Republican representatives also support Keverian. It is also doubtful that the House Minority Leadership would barter Republican votes for much coveted committee chairmanships and risk what little political clout State House Republicans now have...
...notions of arranging huge barter trade deals, like selling 5,000 swine to the Dominican Republic. Its expertise has not been as much in demand as was hoped, and few deals have come off. Last year the subsidiary lost $12 million. About 150 of its 1,000 employees were laid off in early August...
Some large U.S. banks now barter goods as a sideline. Says Daniel Nash, a trader hired by Citicorp's London countertrade division to turn commodities into cash for the bank's commercial customers: "Countertrade enables banking activity to continue where it otherwise might not. No one wants it, yet it is there as the only practical alternative for the hard-pressed LDCS...
...pressure for more barter trade may increase as a result of the growing U.S. trade deficit, which could reach $120 billion this year...