Sentences with phrase «barter credit»

A veteran of the banking scene (he's had lines of credit as high as $ 750,000 in the past), Thompson is now firmly hooked on barter credit as a way of reducing bank borrowing.

«Applying for a barter credit line is different from applying to a bank,» says Douglas Dagenais, vice-president of Barter Corp. in Oakbrook Terrace, Ill., a network of about 3,000 member businesses.

A credit line, offered by a growing number of barter exchanges, is basically an extension of barter credits, which allow a business to buy essential items from other network members before selling its own goods into the system.

It's sort of a bartering website — people post their unwanted items for a certain number of «Yerdle Dollars», which are really barter credits.

Not exact matches

Our purchases work like a credit card — we buy something, it goes through the barter service, then they debit our account and credit the other individual's account.

University of London anthropologist Graeber starts by taking exception to one of the fundamental received wisdoms of economics: that our monetary structures evolved from barter - based transactions, through the invention of money and use of coin, to the development of credit systems of increasing complexity.

BXI members earn barter «dollars» by swapping their own goods and services for credit toward the purchase of goods and services from other members.

An overview by a barter - credit organization's CEO of how bartering offers an alternative to traditional loans.

For Tom Thompson, the owner of Nu - Way Relocation Services Inc., a moving company based in Chicago, a $ 50,000 line of credit from regional barter company Chicago Barter gave him working capital to use on everything from payroll services to a major electrical upgrade and even personnel bobarter company Chicago Barter gave him working capital to use on everything from payroll services to a major electrical upgrade and even personnel boBarter gave him working capital to use on everything from payroll services to a major electrical upgrade and even personnel bonuses.

If you apply, expect barter companies to check your Dun & Bradstreet credit rating and vendor references, although the application and approval process should be easier than with a bank loan; on credit lines worth more than $ 10,000, owners may also have to sign personal guarantees.

Although you'll pay interest on purchases you make with your credit line, you'll be able to pay back interest and principal with bartered goods rather than precious cash.

Finally, you can barter for all of these things, transacting any one for any other: time on your machines in return for a list of addresses, some credit card data in return for a few thousand more machines for your network.

Covers the following topics: Money, as distinct from «income» and «wealth» Functions of money Characteristics of money Credit cards, Debit cards, Electronic money and the concept of liquidity (whether assets are liquid or illiquid) Commodity money The barter system and the problem of double coincidence of wants Contains easily digestible points / explanations with appropriate amount of on - screen text that makes note taking easy for students of all abilities, whether native or non-native users of English.

Filed Under: Life Tagged With: Barter, Life, Money Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Complimentary or barter room stays or any stays booked through online channels where the brand is unknown at the time of purchase (including but not limited to Priceline.com, Hotwire.com) are considered as not qualifying and will not be eligible for credit.

The only choice we have is what form of currency to use — cash, credit cards, Bitcoins, gold, frankincense, myrrh, or even old fashioned bartering with goods.

Delta reserves the right to terminate the SkyMiles account and / or deduct mileage from the account of any SkyMiles member who sells or barters Mileage Upgrade Awards, or who sells or barters mileage credit, vouchers, Award certificates or Award Tickets.

No benefit of Mileage Plan membership - including mileage credit, award travel, upgrade certificates, companion certificates, and elite status nominations - may be sold, purchased, or bartered, except to the extent permitted through Points.com.

The only other slight problem was that the diplomacy system was a bit limited since you could only really trade by giving away a portion of your research for that turn or credits without any bartering.

Ad credits may in turn be used by the authors for their own purposes, bartered further to someone else or even sold to subsidize their own writing practice.

In 2014, Temporary Art Review relaunched with an experimental «anti-profit» economic model for online publishing driven by a bartering system which uses ad credit as a common currency to distribute value cooperatively among its many active contributors and partners.

They'll offer flexible payment options, including bartering, since cash and computer - facilitated credit checks and mortgages might be unavailable.»