1. countertrade - Noun
2. countertrade - Verb
countertrade (countable and uncountable, plural countertrades)
(international trade) Exchange of goods or services that are paid for, in whole or part, with other goods or services.
countertrade (third-person singular simple present countertrades, present participle countertrading, simple past and past participle countertraded)
To engage in exchanges of this kind.