exchange

[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.
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), exchanged, exchanging.
6.
to make an exchange; engage in bartering, replacing, or substituting one thing for another.
7.
to pass or be taken in exchange or as an equivalent.
noun
8.
the act, process, or an instance of exchanging:
The contesting nations arranged for an exchange of prisoners; money in exchange for services.
9.
something that is given or received in exchange or substitution for something else:
The car was a fair exchange.
10.
a place for buying and selling commodities, securities, etc., typically open only to members.
11.
a central office or central station:
a telephone exchange.
12.
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.
13.
the discharge of obligations in different places by the transfer of credits.
14.
the amount or percentage charged for exchanging money, collecting a draft, etc.
15.
the reciprocal transfer of equivalent sums of money, as in the currencies of two different countries.
16.
the giving or receiving of a sum of money in one place for a bill ordering the payment of an equivalent sum in another.
17.
exchange rate.
18.
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.
19.
the checks, drafts, etc., exchanged at a clearinghouse.
20.
Chess. a reciprocal capture of pieces of equivalent value by opponents in a single series of moves.
Origin
1250-1300; (v.) Middle English eschaungen < Anglo-French eschaungier < Vulgar Latin *excambiāre (see ex-, change); (noun) Middle English eschaunge < Anglo-French (Old French eschange), derivative of eschaungier; modern spelling with ex- on the model of ex-1
Related forms
exchanger, noun
preexchange, verb (used with object), preexchanged, preexchanging.
reexchange, verb, reexchanged, reexchanging.
unexchanged, adjective
Synonyms
1. interchange, commute, barter, trade, swap. 8. interchange, trade, traffic, business, commerce, barter. 10. market.
Examples from the web for exchange
  • Trade, exchange rates, budget balances and interest rates.
  • The alveoli are where the crucial gas exchange takes place.
  • Academe is supposed to be a place where the free exchange of ideas can occur.
  • Part of the answer comes from looking at our ape relatives, who have a highly developed sense of trade and exchange.
  • Miller in an e-mail exchange that he could face a criminal charge if he rehung the poster or another one similar to it.
  • So even though it is still a negative comment about someone, it isn't directly hurtful to the parties involved in the exchange.
  • And menu prices shredded by the favorable exchange rate.
  • Dinar values also bear little correlation to published exchange rates.
  • One is change in the nominal dollar-yuan exchange rate.
  • If for any reason your purchase does not satisfy you, simply return the item for a prompt full refund or exchange.
British Dictionary definitions for exchange

exchange

/ɪksˈtʃeɪndʒ/
verb
1.
(transitive) to give up, part with, or transfer (one thing) for an equivalent: to exchange gifts, to exchange 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.
  1. anything given or received as an equivalent, replacement, or substitute for something else
  2. (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.
  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
11.
  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
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 pl) 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.
(chess) lose the exchange, to lose a rook in return for a bishop or knight
16.
(chess) win the exchange, to win a rook in return for a bishop or knight
17.
(med) 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
Derived Forms
exchangeable, adjective
exchangeability, noun
exchangeably, adverb
Word Origin
C14: from Anglo-French eschaungier, from Vulgar Latin excambiāre (unattested), from Latin cambīre to barter
Word Origin and History for exchange
n.

late 14c., "act of reciprocal giving and receiving," from Anglo-French eschaunge, Old French eschange (Modern French échange), from Late Latin excambium, from excambiare, from Latin ex- "out" (see ex-) + cambire "barter" (see change). Practice of merchants or lenders meeting to exchange bills of debt led to meaning "building for mercantile business" (1580s).

v.

late 15c., from Old French eschangier "exchange, barter," from Vulgar Latin *excambiare (source of Italian scambiare); see exchange (n.). Related: Exchanged; exchanging.

exchange in Medicine

exchange ex·change (ĭks-chānj')
v. ex·changed, ex·chang·ing, ex·chang·es
To substitute one thing for another. n.
The act of substituting one thing for another.

Idioms and Phrases with exchange

exchange

see: in exchange