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    $\begingroup$ Thanks @Xivi76. Yes, it is related to the inter-site exchange but I think that it is slightly different as it is just for spins (as individual entities) and not for electrons. $\endgroup$ Commented Jul 19, 2020 at 22:18
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    $\begingroup$ It's quantifiable in the same way as the hubbard 'U'. Even the Hubbard 'U' is dependent on the spin operator. There are plenty of notes that explain this. $\endgroup$ Commented Jul 19, 2020 at 22:34
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    $\begingroup$ Is this related? mattermodeling.stackexchange.com/a/104/88 $\endgroup$ Commented Jul 26, 2020 at 3:27
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    $\begingroup$ @Xivi76 since this is now one of the longest standing unanswered questions, do you think maybe you could write an answer? I'm trying to help clean up the unanswered queue a little bit! $\endgroup$ Commented Mar 23, 2021 at 15:02
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    $\begingroup$ @NikeDattani Coincidentally, I learnt the procedure mentioned in the question quite recently. I can write up an answer. $\endgroup$ Commented Mar 23, 2021 at 20:08