countertrade

noun
coun·​ter·​trade | \ ˈkau̇n-tər-ˌtrād How to pronounce countertrade (audio) \

Definition of countertrade

: a form of international trade in which purchases made by an importing nation are linked to offsetting purchases made by the exporting nation

First Known Use of countertrade

1976, in the meaning defined above

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Time Traveler for countertrade

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The first known use of countertrade was in 1976

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Dictionary Entries Near countertrade

countertop

countertrade

countertradition

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Cite this Entry

“Countertrade.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/countertrade. Accessed 26 Sep. 2021.

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