exchange

American  

[iks-cheynj] / ɪksˈtʃeɪndʒ /

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.

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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 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

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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

exchange Idioms  

1. see in exchange.

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Other Word Forms

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

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.

Example Sentences

Smead described eBay as “the New York Stock Exchange of preowned items,” raking in ‘‘loads of money” from transaction fees.

From Barron's • May 6, 2026

Also speaking Monday was another Trump administration official, Paul Atkins, chairman of the Securities and Exchange Commission, which is proposing allowing public companies to make semiannual, instead of quarterly, reports.

From Los Angeles Times • May 5, 2026

Elon Musk is paying a pittance to settle a Securities and Exchange Commission lawsuit that said he failed to timely disclose his stake in Twitter as he was preparing to buy it in 2022.

From Barron's • May 5, 2026

Securities and Exchange Commission on Monday filed a proposed settlement in the case, which began after it sued Musk in the waning days of the Biden administration.

From MarketWatch • May 4, 2026

He drinks his tea in the morning, signs for the dole at the Labour Exchange, reads the papers at the Carnegie Library, goes for his long walks far into the country.

From "Angela's Ashes: A Memoir" by Frank McCourt

Related Words

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