to give up (something) for something else; part with for some equivalent; change for another.
to replace (returned merchandise) with an equivalent or something else: Most stores will allow the purchaser to exchange goods.
to give and receive reciprocally; interchange: to exchange blows; to exchange gifts.
to part with in return for some equivalent; transfer for a recompense; barter: to exchange goods with foreign countries.
Chess. to capture (an enemy piece) in return for a capture by the opponent generally of pieces of equal value.
verb (used without object),ex·changed,ex·chang·ing.
to make an exchange; engage in bartering, replacing, or substituting one thing for another.
to pass or be taken in exchange or as an equivalent.
noun
the act, process, or an instance of exchanging: The contesting nations arranged for an exchange of prisoners; money in exchange for services.
something that is given or received in exchange or substitution for something else: The car was a fair exchange.
a place for buying and selling commodities, securities, etc., typically open only to members.
a central office or central station: a telephone exchange.
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.
the discharge of obligations in different places by the transfer of credits.
the amount or percentage charged for exchanging money, collecting a draft, etc.
the reciprocal transfer of equivalent sums of money, as in the currencies of two different countries.
the giving or receiving of a sum of money in one place for a bill ordering the payment of an equivalent sum in another.
exchange rate.
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.
the checks, drafts, etc., exchanged at a clearinghouse.
Chess. a reciprocal capture of pieces of equivalent value by opponents in a single series of moves.
Origin of exchange
1250–1300; (v.) Middle English eschaungen<Anglo-French eschaungier<Vulgar Latin *excambiāre (see ex-1, change); (noun) Middle English eschaunge<Anglo-French (Old French eschange), derivative of eschaungier; modern spelling with ex- on the model of ex-1
ex·chang·er,nounpre·ex·change,verb (used with object),pre·ex·changed,pre·ex·chang·ing.re·ex·change,verb,re·ex·changed,re·ex·chang·ing.un·ex·changed,adjective
This meant Ryan would donate a kidney to someone else whom he matched with and in exchange Paul would receive a kidney from a matching donor.
A Welcome Lifeline|Washington Regional Transplant Community|September 17, 2020|Washington Blade
Democrats seized on an exchange between the president and Wade Crowfoot, California's secretary for natural resources.
The Trailer: The First State goes last|David Weigel|September 15, 2020|Washington Post
Since March when the ban on cryptocurrencies was revoked, bitcoin accounted for 20% of the total traded volumes on WazirX, one of the popular cryptocurrency exchanges in India.
Bitcoin is still a clear favourite among India’s crypto investors|Prathamesh Mulye|September 15, 2020|Quartz
A promise that you have a product or a service that people will pay money for, that you have a plan to reach as many of those people as possible, and that in exchange for lots of money, you will bust your butt to reach them.
‘How I Built This’ host Guy Raz on insights from some of the world’s most famous entrepreneurs|Rachel King|September 15, 2020|Fortune
The agency has yet to determine exactly how it will retrieve the sample, but the exchange would be expected to happen “in place” on the moon itself—meaning any participating company is only obligated to figure out how to get to the moon.
NASA will pay for moon rocks excavated by private companies|Neel Patel|September 10, 2020|MIT Technology Review
Gift cards are sold at kiosks in shopping malls or even websites that catering to this exchange market.
The Insane $11 Billion Scam at Retailers’ Return Desks|M.L. Nestel|December 19, 2014|DAILY BEAST
Gross and an unnamed American intelligence agent were freed Wednesday in exchange for three Cuban spies.
Cuba Protects America’s Most Wanted|Michael Daly|December 18, 2014|DAILY BEAST
Each time he mentions a story point or repeats an exchange of dialogue, he glances up to see if she's smiling.
Alfred Hitchcock’s Fade to Black: The Great Director’s Final Days|David Freeman|December 13, 2014|DAILY BEAST
In exchange for the increase in sales, the dispensaries pay the service, not the consumer.
Days Are Numbered for Nestdrop, LA’s ‘Uber for Weed’|Justin Hampton|December 6, 2014|DAILY BEAST
The evidence considered by the jury hinged on a 90-second exchange of words, violence, and gunshots.
The Three Biggest Unanswered Questions About Ferguson|Jacob Siegel|November 26, 2014|DAILY BEAST
He proposes to exchange papers connected with the departments.
The Life of Sir Rowland Hill, Vol. II (of 2)|Rowland Hill
Exchange bows, of course, if a Quaker will bow; but I'm too happy to-day to be disturbed by talk with him.
Dorothy at Skyrie|Evelyn Raymond
The common monetary system prevailing in every land fostered trade and facilitated the exchange of products.
The Moon Metal|Garrett P. Serviss
That autumn Elias went into Ranen with his whole family in the six-oared boat, to exchange it for a ten-oared boat.
The Visionary|Jonas Lie
Careful reading of the pamphlet, however, shows that these stocks are not a part of the exchange list.
Twenty Years a Detective in the Wickedest City in the World|Clifton R. Wooldridge
British Dictionary definitions for exchange
exchange
/ (ɪksˈtʃeɪndʒ) /
verb
(tr)to give up, part with, or transfer (one thing) for an equivalentto exchange gifts; to exchange francs for dollars
(tr)to give and receive (information, ideas, etc); interchange
(tr)to replace (one thing) with another, esp to replace unsatisfactory goods
to transfer or hand over (goods) in return for the equivalent value in kind rather than in money; barter; trade
(tr)chessto capture and surrender (pieces, usually of the same value) in a single sequence of moves
noun
the act or process of exchanging
anything given or received as an equivalent, replacement, or substitute for something else
(as modifier)an exchange student
an argument or quarrel; altercationthe two men had a bitter exchange
Also called: telephone exchangea switching centre in which telephone lines are interconnected
a place where securities or commodities are sold, bought, or traded, esp by brokers or merchantsa stock exchange; a corn exchange
(as modifier)an exchange broker
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
the percentage or fee charged for accepting payment in this manner
a transfer or interchange of sums of money of equivalent value, as between different national currencies or different issues of the same currency
(often plural)the cheques, drafts, bills, etc, exchanged or settled between banks in a clearing house
chessthe capture by both players of pieces of equal value, usually on consecutive moves
lose the exchangechessto lose a rook in return for a bishop or knight
win the exchangechessto win a rook in return for a bishop or knight
med another word for transfusion (def. 2)
physicsa 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