NATURE OF TRADE DOLLARS. A “trade” is a barter purchase or sale of goods and/or services whereby payment is made in trade dollars posted to a Client’s account pursuant to these Policies and Procedures. A “trade dollar” is an accounting unit used to record the value of trades. Ownership of trade dollars denotes the right to receive goods or services available within TSI. Trade Dollars may be used only in the manner and for the purpose set forth in these Rules. They will be not considered legal tender, securitiesor commodities. Theymay not be redeemed for cash, except asprovide in theseRules.
NATURE OF TRADE DOLLARS. A “trade” is a barter purchase or sale of goods and/ or services whereby payment is made in trade dollars deducted from the Buyer’s account and posted to the Seller’s account pursuant to these Rules and Regulations. A trade dollar is an accounting unit used to record the value of trades. Ownership of trade dollars denotes the right to receive goods or services available within the WTN system. They will not be considered legal tender, securities, or commodities. They may not be redeemed for cash. WTN disclaims responsibility for the negotiability of trade dollars or for the availability of any particular goods or services from any source.
