X-Nico

unusual facts about medium of exchange



In kind

Payment in kind, or barter: exchange of goods or services for other goods or services with no medium of exchange


see also

Bartered

Barter, a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange

Prison commissary

Cigarettes were a classic medium of exchange, but in the wake of prison tobacco bans, postage stamps have become a more common currency item, along with any inexpensive, popular item that has a round number price such as 25 or 50 cents.