the act of giving one thing for another; a swap or transaction
an exchange of prisoners
something given or received in exchange
a brief interchange of words or blows
change or conversion of one currency into another
= exchange rate
the system of settling debts payable currently, esp in a foreign country, usu by bills of exchange rather than money
a place where things or services are exchanged, e.g.:
an organized market for trading in securities or commodities
a centre or device controlling the connection of telephone calls between many different lines
a system by which students from two different countries spend a period of time studying at institutions in each other's country
(used before a noun) involved in such an exchange
an exchange student
[Middle English exchaunge from early French eschange, from eschangier to exchange, ultimately from Latin ex-1 + cambiare to exchange]