reciprocal exchange

noun

1. an unincorporated association formed so that its members can participate in reciprocal insurance.

Example Sentences

Almost 8 out of 10 Russians said it would be acceptable to allow Ukraine to resume shipping grain to other countries, while nearly all favored a reciprocal exchange of prisoners of war.

From Washington Post

Rather, history is full of examples of gifts bringing about positive reciprocal exchange.

From Slate

Lily Levin, 19, said that she and her fellow organizers at Duke initially ran their network as “a kind of reciprocal exchange,” a forum where students could offer housing or other material goods to those in need.

From New York Times

Kim Yo Jong said that the diplomacy could be salvaged only by a reciprocal exchange of “irreversible simultaneous major steps.”

From Washington Times

That prompted a rebuke from France’s foreign minister, Jean-Yves Le Drian, and anger from legislators, despite an early reciprocal exchange of medical aid like masks.

From New York Times