What does barter mean?

Barter transaction (exchange): refers to the direct exchange of equal or basically equal value of goods or services between buyers and sellers. It does not involve the receipt or payment of cash, and there is no third party intervention. When trading by barter, the buyer and seller enter into a barter contract to determine the value of the traded goods, as well as the type, specification, quantity, etc. of the goods or services exchanged. In order to reduce the impact of possible price fluctuations of traded goods and exchanged goods and services, general barter is a one-time transaction and the contract performance period is short.