counterpurchase
About 0.01 uses per million words.
Meaning
- noun A form of countertrade in which an exporter purchases goods from another country in exchange for that country purchasing goods from the exporter.
- verb To engage in such a purchase.
Similar words
switch trading countertrade offset contra compensation trade trade purchasing power parity terms of trade part exchange trade surplus
Often followed by
agreement obligation is and agreements goods arrangements transaction arrangement
Save “counterpurchase” to learn later