Definition
To accept repayment of a debt in the goods or services in which the debtor deals, rather than in money.
In Context
- "Furthermore, rural grocers gave a slightly higher price for eggs if the money was taken out in trade."
- "I loved that because there were times when he'd send clothes over to my father's tailor shop to be done up, and he would pick up his things and not pay for them and he'd say, take it out in trade and we'd get our bread."