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Looking for a word describing what you are asking for in a trade

English Language & Usage Asked on April 21, 2021

For example, if I want to trade my widget for someone else’s trinket, I would refer to the widget as my "offer". What word could I use to describe the trinket, the item I hope to receive? The most appropriate word I can think of so far is the "ask". Are there any other words I should consider?

I would prefer a single word instead of a compound-word or phrase, but would still be curious to learn about them.

One Answer

In commerce, if you are able to treat one side as the seller and the other as the buyer, then the buyer provides consideration for the seller's supply.

Consideration may be thought of as the concept of value offered and accepted by people or organisations entering into contracts. Anything of value promised by one party to the other when making a contract can be treated as "consideration": for example, if A signs a contract to buy a car from B for $5,000, A's consideration is the $5,000, and B's consideration is the car. - wikipedia

Here's an example of the terms in use:

Answered by Lawrence on April 21, 2021

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