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A barter agreement documents exchange of goods/services between two parties without money. It can be ongoing or one-time, trading equal commodities. Bartering is even exchange of goods/services between two parties, predating our modern monetary system. Bartering is legal if done correctly, allowing trading of almost all items/services. It can be beneficial for trading unwanted items for needed ones. Examples of when to use a barter agreement include exchanging goods between parties. Get a free official template for barter agreements.