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exchange

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The definition of an exchange is trading one thing for another.

(noun)

An example of an exchange is taking a shirt that doesn’t fit to the store to get a correct size.

To exchange is defined as to give something and receive something in turn.

(verb)

An example of to exchange is to gift Christmas gifts at the company office party.
An example of to exchange is to trade vegetables from your garden for cookies with your neighbor.
An example of to exchange is to trade in your money for Euros while traveling in Europe.

See exchange in Webster's New World College Dictionary

transitive verb exchanged, exchanging

1. to give, hand over, or transfer (for another thing in return)
2. to receive or give another thing for (something returned)
to give and receive (equivalent or similar things); interchange: to exchange gifts
to give up for a substitute or alternative: to exchange honor for wealth

Origin: ME eschaungen < OFr eschangier < VL *excambiare: see ex- & change

intransitive verb

to make an exchange; barter; trade
Finance to pass in exchange: currency that exchanges at par

noun

a giving or taking of one thing for another; trade; barter
a giving to one another of similar things: an exchange of greetings
the substituting of one thing for another: an exchange of tears for smiles
a thing given or received in exchange
a place for exchanging; esp., a place where trade is carried on in securities or commodities by brokers, merchants, etc.: a stock exchange
☆ a central office, or a system operated by it, providing telephone communication in a community or in part of a city
Commerce, Finance
1. the payment of debts by negotiable drafts or bills of exchange, without actual transfer of money
2. a bill of exchange
3. a fee paid for settling accounts or collecting a draft, bill of exchange, etc.
4. an exchanging of a sum of money of one country or of a depreciated issue for the equivalent in the money of another country or of a current issue
5. exchange rate
6. difference in value between currencies
7. the checks, drafts, etc. presented to a clearinghouse for exchange and settlement

adjective

exchanged; interchanged
having to do with an exchange: an exchange broker

Related Forms:

See exchange in American Heritage Dictionary 4

verb ex·changed, ex·chang·ing, ex·chang·es

verb, transitive

To give in return for something received; trade: exchange dollars for francs; exchanging labor for room and board.
To give and receive reciprocally; interchange: exchange gifts; exchange ideas.
To give up for a substitute: exchange a position in the private sector for a post in government.
To turn in for replacement: exchange defective merchandise at a store.

verb, intransitive

To give something in return for something received; make an exchange.
To be received in exchange: At that time the British pound exchanged for $2.80.

noun

The act or an instance of exchanging: a prisoner exchange; an exchange of greetings.
One that is exchanged.
A place where things are exchanged, especially a center where securities or commodities are bought and sold: a stock exchange.
A telephone exchange.
a. A system of payments using instruments, such as negotiable drafts, instead of money.
b. The fee or percentage charged for participating in such a system of payment.
A bill of exchange.
A rate of exchange.
The amount of difference in the actual value of two or more currencies or between values of the same currency at two or more places.
A dialogue: a heated exchange between the two in-laws.

adjective

Of or relating to a reciprocal arrangement between a local and a foreign institution or group: an exchange student; exchange programs for students learning foreign languages.

Origin:

Origin: Middle English eschaungen

Origin: , from Anglo-Norman eschaungier

Origin: , from Vulgar Latin *excambiāre

Origin: : Latin ex-, ex-

Origin: + Late Latin cambīre, to exchange, barter; see change

Related Forms: