exchange

[iks-cheynj]

verb (used with object)

exchanged, exchanging 

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)

exchanged, exchanging 

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

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

/ 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

noun

1. the act or process of exchanging

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

   2. ( as modifier )

      an exchange student

3. an argument or quarrel; altercation

   the two men had a bitter exchange

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

5. 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

6. 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

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

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

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

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

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

12. med another word for transfusion

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

Other Word Forms

• exchanger noun
• preexchange verb (used with object)
• reexchange verb
• unexchanged adjective
• exchangeable adjective
• exchangeably adverb
• exchangeability noun

Word History and Origins

Origin of exchange¹

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

Word History and Origins

Origin of exchange¹

C14: from Anglo-French eschaungier, from Vulgar Latin excambiāre (unattested), from Latin cambīre to barter

Idioms and Phrases

see in exchange.

Example Sentences

Until 31 October, used children's Halloween costumes can be exchanged at Brierley Hill Library, free of charge.

From BBC

She and her daughters will brave all weather for a queue, she explains, exchanging waiting stories with those in the line.

From BBC

The compact, sent Wednesday to the University of Southern California and other campuses nationwide, has roiled higher education with its demands for rightward campus policy shifts in exchange for priority federal funding.

From Los Angeles Times

Local elders later intervened to mediate between the two sides, leading to an exchange of bodies aimed at containing the escalation.

From BBC

Now he’s offering what is, in effect, the reverse: Raising costs, and doing so rather dramatically, in exchange for racism.

From Salon

Related Words

• change 
• commerce 
• network 
• swap 
• transaction 
• transfer