### Question
Can you define what barter exchange means?


### Answer
**Barter exchange** is defined as the following in *26 U.S.C. § 6045*:

> any organization of members providing property or services who jointly contract to trade or barter such property or services

#### Citation:
  - *26 U.S.C. § 6045*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 61-INFORMATION AND RETURNS > Subchapter A-Returns and Records > PART III-INFORMATION RETURNS > Subpart B-Information Concerning Transactions With Other Persons**

