Barter

A contract by which parties exchange goods for goods. It differs from a sale in that a barter is always of goods for goods; a sale is of goods for money, or for money and goods. In a sale there Is a fixed price; in a barter there is not.

See Benj. Sales 1; Speigle v. Meredith, 4 Biss. 120, Fed. Cas. No. 13,- 227; Com. v. Davis, 12 Bush (Ky.) 241; Cooper v. State, 37 Ark. 418.

If an insurance be made upon returns from a country where trade is carried on by barter, the valuation of the goods in return shall be made on the cost of those given in barter, adding all charges; We Ins. 42.

See 3B.& Aid. 616; 3 Campb. 351; Cowp. 118; 1 Dougl. 24, n.; 4 B. & P. 151; Troplong, De I'E change.