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reciprocal exchange

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noun

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

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Based on the Random House Dictionary, © Random House, Inc. 2012.
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"A recent publication from Paris, titled L'Année Merveilleuse (1748), predicts, for the first of next month, a very considerable change: nothing less than the total and reciprocal metamorphosis of the two sexes. Sceptic that I am, I find it difficult to believe, though I would agree to it on one condition, that you and I exchange with each other. While it is true that you would lose greatly by the exchange, it is also true that I would gain a great deal from it, and in the essential things. Who care what their friends lose so long as they profit themselves?"

-Philip Dormer Stanhope Chesterfield, 4th Earl

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