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exchange

American  
[iks-cheynj] / 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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Inflected Forms

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Participles

Conjugated Forms

Present

Past

Future

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:

The Dodgers acquired Skubal in an abundantly predictable bombshell trade with the Detroit Tigers in exchange for a trio of prospects, wanting to test the idiom that a ballclub can never have enough pitching.

From Los Angeles Times Aug. 17, 2026

Without a new 1031 exchange, your federal tax could easily be $60,000 to $90,000, in addition to state taxes and attorney fees.

From MarketWatch Aug. 17, 2026

Australia's most populous state will launch a gun buyback scheme later this year, becoming the first to offer cash in exchange for firearms in the wake of the Bondi Beach terror attack.

From BBC Aug. 15, 2026

Waiting in the wings was a group of more than a dozen friends and family there to see Alejandra Estrada and Brien Rios exchange vows.

From The Wall Street Journal Aug. 14, 2026

In exchange for garbage dump treasures, Clare provided the rat with mushrooms, freshly chopped and packed from his garden.

From "The Undead Fox of Deadwood Forest" by Aubrey Hartman

Dern, 33, won the majority of the grappling exchanges to win by unanimous decision and secure her fourth straight victory.

From BBC Aug. 16, 2026

World Liberty applied to create a trust company in January, with plans to offer crypto custody and stablecoin conversion services, while serving institutional customers, including crypto exchanges, market makers, and investment firms.

From The Wall Street Journal Aug. 14, 2026

In 2021, she and her neighbors predicted something bad was bound to happen via email exchanges.

From Los Angeles Times Aug. 5, 2026

Saluzzi, though, points out that many other data providers, news organisations and stock exchanges currently operate similar services, providing a "precedent" for TMTG.

From BBC Aug. 4, 2026

He exchanges a few words with Mr. Gideon, who gives me a nod as he rides back to the rear of the group.

From "Dread Nation" by Justina Ireland

Prime Minister Andy Burnham exchanged messages with a person posing as the chief of staff to US President Donald Trump.

From BBC Aug. 17, 2026

Friday’s upbeat figures came as Beijing and Washington in recent days exchanged a fresh round of retaliatory measures in recent days, reigniting trade tensions and dimming the prospects of next month’s bilateral summit.

From The Wall Street Journal Aug. 7, 2026

We exchanged numbers and said a friendly goodbye.

From Los Angeles Times Aug. 6, 2026

However, the ghost population exchanged genes with modern humans at an earlier point than the Neanderthal and Denisovan encounters outside Africa.

From Science Daily Aug. 1, 2026

At that, the badger and the fox exchanged smiles.

From "The Undead Fox of Deadwood Forest" by Aubrey Hartman

Crude prices extended Thursday's drop of more than two percent, with investors still hopeful of a deal to reopen the Strait of Hormuz despite few signs of movement and the US and Iran exchanging threats.

From Barron's Aug. 14, 2026

The Dodgers’ newest star arrived Sunday and was in the Dodgers’ dugout during the game, exchanging pleasantries with his new teammates and coaches.

From Los Angeles Times Aug. 3, 2026

She died in hospital during surgery, after exchanging "heartfelt 'I love you's with her eldest daughter", her family said in the GoFundMe page launched after her death.

From BBC Jul. 28, 2026

U.S. stock futures were in the green, with the Nasdaq-100 leading gains, amid the U.S. and Iran exchanging fresh fire.

From The Wall Street Journal Jul. 9, 2026

“Nashville. The rest is a surprise,” Lydia said, exchanging a knowing glance and smile with Dill.

From "The Serpent King" by Jeff Zentner

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