Barter is what? Barter deals. Barter Relations
Today, everyone can come to the store and buy any product for their money. On this side, the monetary turnover is logical and understandable. But it was not always so.
Scientists, not only from the fields of economic sciences, but also from archeology, as well as from others, unanimously claim that the principles of barter operations appeared much earlier than money. Perhaps even before the emergence of a coherent speech in the humanoid monkeys.
Barter - exchange
But in order to understand this opinion, it is worthwhile to deal with the very concept of such business relations.
Barter is a form of payment for goods or services by other goods or services. We can give the following example: one person has a bag of potatoes. He wants to sell it and get money for it. Sooner or later he will find a buyer. But imagine if the second side of the transaction simply does not have money, but there is a bag of corn. Now, if they make an exchange of goods to pay for them, then this operation will be called barter.
In other words, we can say that barter is the exchange of any products between buyers and sellers on mutually beneficial terms.
If we are talking about ancient people, then, most likely, it looked as follows: the exchange of skins for food or some kind of tool. That is, barter is a type of settlement in which paper or metallic banknotes have no meaning.
The simplicity of these calculations allowed them to come up with invented money, as well as firmly strengthened until today, when some transactions are still being made to formalize barter relations between the parties.
Barter is a special type of transaction, which implies that instead of buying materials or resources, it is not cash that is used, but a certain equivalent in the form of another commodity.
What are the advantages of barter deals?
- Freedom from currency risks. Exchanging goods for goods, do not need to be afraid of jumps in rates, as well as devaluing money. The real price is actually embedded in the object of the transaction.
- Speed. In this case, refer to the following comparison. If you are an entrepreneur, then in order to buy a product without money, you must first sell your products. Then you need to find the one you want to buy and make a deal.That is, in a cash settlement, such an operation takes place in at least two steps. And with barter, such a scheme is greatly simplified, and in one step the purchase of any product takes place at the expense of payment with its own goods.
Money and barter are two different things.
Barter is a great way to save cash. In business, there are often situations where paper notes are indispensable. For example, for an urgent return to creditors of interest on loans. And in these moments, the management staff of the company understands all the benefits of barter transactions - they really help to keep all the cash on hand, without spending money, which gives a great opportunity for their accumulation.
Since the advent of money, barter operations have declined. This was due to the fact that no one wanted to carry goods with them. In the case of payments for goods and services in cash, it was enough to exchange goods for money (sell), and then go to another place. This continued until the advent of computer technology.
By itself, a properly programmed computer can handle so many different tasks.Entrepreneurs realized how it can be used in exchange transactions and began to create barter exchanges.
What is their meaning? In order for people from all over the world to exchange goods and make deals on the sale of mass of goods.
These deals are very popular on the Internet worldwide.
Also, barter transactions are performed not only on such exchanges, but also on special Internet services. Such sites are much less developed and do not have the same complex structure, but they are equally popular and have a fairly large audience.
Such an increase in the demand for such resources, thanks to which, roughly speaking, you can exchange a thing for a thing, experts explain the current state of the world economy.
After all, it is much easier to exchange old or unnecessary clothes, equipment, etc., for something suitable than to first find a buyer for them, sell it at a reduced price and only then look for those goods that are suitable for the available funds.
Today, there are many companies and enterprises in RuNet that are ready to provide services on the basis of barter exchange.Most often, this phenomenon can be found on the websites of various advertising agencies and other companies that are engaged in providing similar types of services.
What is a barter agreement?
This type of contract is also called commodity exchange. Its main purpose is the formalization of a barter transaction. After all, who can guarantee that both parties will fulfill their obligations in full.
To do this, they make up a similar agreement so that in the event of an unlawful actions of any participant in such relations it is possible to go to court and demand compensation for the losses incurred.
The contract is standard, and there are many samples on the Internet. The preamble, as usual, indicates the parties to the relationship. The subject indicates that both parties agree to buy / sell the relevant goods, which can be described in the same paragraph, and can also be in the annexes of the contract.
Then describes the rights and obligations of the parties, as well as the timing and procedure for the transaction. By mutual agreement, participants in a barter transaction may specify other barter terms for each specific case.There is nothing illegal in it.
The modern market forces sellers and buyers to be as flexible as possible to rapidly changing conditions and rules. Barter - the exchange of goods that helps speed up the process of buying / selling wealth without attracting natural cash resources.
But previously, the main problem was that the market for such operations was limited due to the lack of necessary means of communication between sellers and buyers. Today, the main connection between the participants is the Internet, which will allow finding potential partners even at a distance of more than a thousand kilometers.
Barter is especially useful for various organizations that have a large number of products and at the same time need some other resource.