gift economy
Word Rarity
Uncommon
Frequency: Zipf frequency 4.52 in modern English
22
Scrabble Score
11
Letters
4
Syllables
10
Unique Chars
Meaning
noun
A traditional economy where valuable goods are not traded or sold, but rather given away, sometimes with the expectation that they (or goods of equivalent or higher value) will later be given back.
Example Sentences
- "Community activists will increasingly use hypermedia to replace corporate capitalism and big government with a hi-tech ‘gift economy’ in which information is freely exchanged between participants."