to give up, part with, or transfer (one thing) for an equivalent
to exchange gifts
to exchange Swiss francs for dollars
2. (transitive)
to give and receive (information, ideas, etc); interchange
3. (transitive)
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. (transitive) chess
to capture and surrender (pieces, usually of the same value) in a single sequence of moves
noun
6.
the act or process of exchanging
7.
a.
anything given or received as an equivalent, replacement, or substitute for something else
b.
(as modifier)
an exchange student
8.
an argument or quarrel; altercation
the two men had a bitter exchange
9. Also called: telephone exchange
a switching centre in which telephone lines are interconnected
10.
a.
a place where securities or commodities are sold, bought, or traded, esp by brokers or merchants
a stock exchange
a corn exchange
b.
(as modifier)
an exchange broker
11.
a.
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
b.
the percentage or fee charged for accepting payment in this manner
12.
a transfer or interchange of sums of money of equivalent value, as between different national currencies or different issues of the same currency
13. (often plural)
the cheques, drafts, bills, etc, exchanged or settled between banks in a clearing house
14. chess
the capture by both players of pieces of equal value, usually on consecutive moves
15. lose the exchange
16. win the exchange
17. medicine another word for transfusion (sense 2)
18. physics
a process in which a particle is transferred between two nucleons, such as the transfer of a meson between two nucleons
See also bill of exchange, exchange rate, foreign exchange, labour exchange