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exchange

American  
[iks-chaynj] / ɪksˈtʃeɪndʒ /

verb (used with object)

  • exchanges,
    present (3rd person singular)
  • exchanged,
    past participle,  past
  • exchanging
    present participle
  1. to give up (something) for something else; part with for some equivalent; change for another.

    Synonyms:
    swap, trade, barter, commute, interchange
  2. to replace (returned merchandise) with an equivalent or something else.

    Most stores will allow the purchaser to exchange goods.

  3. to give and receive reciprocally; interchange.

    to exchange blows; to exchange gifts.

  4. to part with in return for some equivalent; transfer for a recompense; barter.

    to exchange goods with foreign countries.

  5. Chess. to capture (an enemy piece) in return for a capture by the opponent generally of pieces of equal value.


verb (used without object)

  • exchanges,
    present (3rd person singular)
  • exchanged,
    past participle,  past
  • exchanging
    present participle
  1. to make an exchange; engage in bartering, replacing, or substituting one thing for another.

  2. to pass or be taken in exchange or as an equivalent.

noun

  • exchanges
    plural
  1. the act, process, or an instance of exchanging.

    The contesting nations arranged for an exchange of prisoners; money in exchange for services.

    Synonyms:
    barter, commerce, business, traffic, trade, interchange
  2. something that is given or received in exchange or substitution for something else.

    The car was a fair exchange.

  3. a place for buying and selling commodities, securities, etc., typically open only to members.

    Synonyms:
    market
  4. a central office or central station.

    a telephone exchange.

  5. the method or system by which debits and credits in different places are settled without the actual transfer of money, by means of bills of exchange representing money values.

  6. the discharge of obligations in different places by the transfer of credits.

  7. the amount or percentage charged for exchanging money, collecting a draft, etc.

  8. the reciprocal transfer of equivalent sums of money, as in the currencies of two different countries.

  9. the giving or receiving of a sum of money in one place for a bill ordering the payment of an equivalent sum in another.

  10. exchange rate.

  11. the amount of the difference in value between two or more currencies, or between the values of the same currency at two or more places.

  12. the checks, drafts, etc., exchanged at a clearinghouse.

  13. Chess. a reciprocal capture of pieces of equivalent value by opponents in a single series of moves.

exchange British  
/ ɪksˈtʃeɪndʒ /

verb

  1. (tr) to give up, part with, or transfer (one thing) for an equivalent

    to exchange gifts

    to exchange francs for dollars

  2. (tr) to give and receive (information, ideas, etc); interchange

  3. (tr) to replace (one thing) with another, esp to replace unsatisfactory goods

  4. to transfer or hand over (goods) in return for the equivalent value in kind rather than in money; barter; trade

  5. (tr) chess to capture and surrender (pieces, usually of the same value) in a single sequence of moves

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

noun

  1. the act or process of exchanging

    1. anything given or received as an equivalent, replacement, or substitute for something else

    2. ( as modifier )

      an exchange student

  2. an argument or quarrel; altercation

    the two men had a bitter exchange

  3. Also called: telephone exchange. a switching centre in which telephone lines are interconnected

    1. a place where securities or commodities are sold, bought, or traded, esp by brokers or merchants

      a stock exchange

      a corn exchange

    2. ( as modifier )

      an exchange broker

    1. the system by which commercial debts between parties in different places are settled by commercial documents, esp bills of exchange, instead of by direct payment of money

    2. the percentage or fee charged for accepting payment in this manner

  4. a transfer or interchange of sums of money of equivalent value, as between different national currencies or different issues of the same currency

  5. (often plural) the cheques, drafts, bills, etc, exchanged or settled between banks in a clearing house

  6. chess the capture by both players of pieces of equal value, usually on consecutive moves

  7. chess to lose a rook in return for a bishop or knight

  8. chess to win a rook in return for a bishop or knight

  9. med another word for transfusion

  10. physics a process in which a particle is transferred between two nucleons, such as the transfer of a meson between two nucleons

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
exchange Idioms  

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Participles

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Past

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Etymology

Origin of exchange

First recorded in 1250–1300; (for the verb) Middle English eschaungen, from Anglo-French eschaungier, from Vulgar Latin excambiāre (unrecorded); equivalent to ex- 1 + change ); noun derivative of the verb

Explanation

To exchange means to trade one thing for another. If you and your friend both prefer what the other has brought for lunch, you should exchange lunches. Exchange, which is both a noun and a verb, comes from the Latin ex-, meaning "out" and cambiare, for "change" or "substitute." If you're traveling in Europe, you exchange U.S. Dollars for Euros. If you get a really awful outfit for your birthday present, you can go to the store and exchange it for one you like better. The correspondence between you and your loved one is an exchange of love letters. An argument is an exchange of opinions.

Keep Reading on Vocabulary.com

Vocabulary lists containing exchange

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Astronomers call the exchange of material into and out of galaxies baryon cycling.

From Science Daily ● Oct. 2, 2026

The spouses and children of applicants can also secure citizenship, in exchange for a contribution of $100,000 to the Treasury, or $25,000 if they are under 18 years of age.

From Barron's ● Oct. 2, 2026

The exchange took during the Steelers’ first drive in their eventual 27-24 road loss to the Cleveland Browns.

From Los Angeles Times ● Oct. 2, 2026

South Korea has pledged $350 billion in U.S. investments, plus an additional $100 billion for American energy purchases, in exchange for dropping tariffs on most goods from 25% to 15%.

From The Wall Street Journal ● Oct. 1, 2026

A student of history, he often quoted an exchange between German leaders from early in the war, as the horrific combat spiraled out of control.

From "Fallout: Spies, Superbombs, and the Ultimate Cold War Showdown" by Steve Sheinkin

Their interpretation suggests that the superconducting state exchanges virtual photons with the dark cavity.

From Science Daily ● Oct. 3, 2026

Fitzsimmons was an early entrant to predictions, serving as a futures commission merchant, or intermediary, for traders looking to connect to bigger exchanges such as CME Group and Crypto.com, which offer the trades.

From The Wall Street Journal ● Oct. 3, 2026

Andrew Hernandez, president of the Metro Baseball Academy, shared email exchanges and invoices dating to July demonstrating that the academy had been paying for its use of the athletic fields.

From Los Angeles Times ● Oct. 1, 2026

In addition to reading some of their text exchanges, she also explained the lyrics line by line from an AI-generated song.

From BBC ● Sep. 29, 2026

He had gone over to Klein’s, looking up some cotton broker whom he wished to see in regard to securities, exchanges, stocks, bonds, or something of the sort, Madame Ratignolle did not remember what.

From "The Awakening" by Kate Chopin

One likely reason is that early bat lineages exchanged genes with one another.

From Science Daily ● Sep. 30, 2026

Some of their 100,000 exchanged text messages were read aloud in court.

From BBC ● Sep. 29, 2026

The talks are expected to focus on "messages exchanged with the United States through intermediaries... particularly regarding the conditions set by Iran for the reopening of the Strait of Hormuz".

From Barron's ● Sep. 29, 2026

After the April community meeting, Falb and her mother exchanged contact information with other residents, eventually forming the Lone Pine Canyon Protection Alliance, with Falb serving as vice president and Unibe as secretary.

From Los Angeles Times ● Sep. 27, 2026

My parents exchanged one of those looks I couldn’t understand, and he went back to bed while Mom stayed by my bed, stroking my hair as sleep reached up and sucked me under.

From "The Science of Breakable Things" by Tae Keller

The two sides produced another thrilling game, just as they did three months ago, exchanging 11 tries as the all-out attack approach to the new season continued.

From BBC ● Oct. 2, 2026

Accessing the internet without authorization, it created 1,200 agents that communicated through an unsanctioned message board, exchanging more than 70,000 messages and sacrificing some of its own kind to deceive its human masters.

From The Wall Street Journal ● Sep. 9, 2026

The insider further revealed that the lovers spent 20 minutes exchanging their handwritten vows, and that they handed out custom handkerchiefs, embroidered with a “TT” and lyrics from Swift’s 2014 song “Blank Space.”

From MarketWatch ● Sep. 7, 2026

Pezeshkian's remarks came after Iran and the United States resumed exchanging fire on Monday following more than a month of relative calm, with the Strait of Hormuz a key point of contention.

From Barron's ● Sep. 1, 2026

Back and forth we went, exchanging the lead.

From "Proud" by Ibtihaj Muhammad

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