Buyback vs. Countertrade

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Buybacknoun

The repurchase of something previously sold, especially of stock by the company that issued it.

Buybacknoun

A government purchase scheme intended to achieve a specific goal such as habitat protection or a reduction in firearm numbers.

Buybacknoun

A free drink given to a patron by a bartender.

Buybacknoun

the act of purchasing back something previously sold

Countertradenoun

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

Countertradeverb

To engage in exchanges of this kind.

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.

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