Barter and Scrip

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Barter and Scrip

Barter vs. Scrip

In trade, barter is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. A scrip (or chit in India) is any substitute for legal tender.

Similarities between Barter and Scrip

Barter and Scrip have 6 things in common (in Unionpedia): Barter, Currency, Ithaca Hours, Local currency, Medium of exchange, Private currency.

Barter

In trade, barter is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.

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Currency

A currency (from curraunt, "in circulation", from currens, -entis), in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.

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Ithaca Hours

The Ithaca HOUR is a local currency used in Ithaca, New York and is the oldest and largest local currency system in the United States that is still operating.

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Local currency

In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organisations.

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Medium of exchange

A medium of exchange is a tradeable entity used to avoid the inconveniences of a pure barter system.

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Private currency

A private currency is a currency issued by a private entity, be it an individual, a commercial business or a nonprofit enterprise.

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The list above answers the following questions

What Barter and Scrip have in common
What are the similarities between Barter and Scrip

Barter and Scrip Comparison

Barter has 81 relations, while Scrip has 101. As they have in common 6, the Jaccard index is 3.30% = 6 / (81 + 101).

References

This article shows the relationship between Barter and Scrip. To access each article from which the information was extracted, please visit:

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