Price Barter Specification

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Definition

Price Barter Specification. The specification of the price of some item in terms of the number of some other (non currency) items of value that may exchanged for some quantity of the item so prices.

Note that in this case it is not necessarily the case that the item so priced is priced against one unit of that item; rather, the barter specification would most generally be a specification of the exchange of a number of the priced items for a number of the other item.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.