exchange[eks c̸hānj′, iks-]
- The definition of an exchange is trading one thing for another.
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.
- 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.
transitive verbexchanged, exchanging
- to give, hand over, or transfer (for another thing in return)
- 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 of exchangeMiddle English eschaungen ; from Old French eschangier ; from Vulgar Latin an unverified form excambiare: see ex- and amp; change
- to make an exchange; barter; trade
- Finance to pass in exchange: currency that exchanges at par
- 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
- the payment of debts by negotiable drafts or bills of exchange, without actual transfer of money
- a bill of exchange
- a fee paid for settling accounts or collecting a draft, bill of exchange, etc.
- 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
- exchange rate
- difference in value between currencies
- the checks, drafts, etc. presented to a clearinghouse for exchange and settlement
- exchanged; interchanged
- having to do with an exchange: an exchange broker
verbex·changed, ex·chang·ing, ex·chang·es
- 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.
- 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.
- The act or an instance of exchanging: a prisoner exchange; an exchange of greetings.
- One that is exchanged.
- A place or network for exchanging things, especially a center where securities or commodities are bought and sold.
- 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.
Origin of exchangeMiddle English eschaungen, from Anglo-Norman eschaungier, from Vulgar Latin *excambiāre : Latin ex-, ex- + Late Latin cambīre, to exchange, barter; see change.
- An act of exchanging or trading.
- All in all, it was an even exchange.
- an exchange of cattle for grain
- A place for conducting trading.
- The stock exchange is open for trading.
- A telephone exchange.
- (telephony, US only?) The fourth through sixth digits of a ten-digit phone number (the first three before the introduction of area codes).
- The 555 exchange is reserved for use by the phone company, which is why it's often used in films.
- NPA-NXX-1234 is standard format, where NPA is the area code and NXX is the exchange.
- A conversation.
- After an exchange with the manager, we were no wiser.
- (chess) The loss of one piece and associated capture of another
- (usually with "the") The loss of a relatively minor piece (typically a bishop or knight) and associated capture of the more advantageous rook
From Middle English eschaunge, from Anglo-Norman eschaunge, from Old French eschange (whence modern French échange), from the verb eschanger, from Vulgar Latin *excambiāre, present active infinitive of *excambiō (from Latin ex with Late Latin cambiō). Spelling later changed on the basis of ex- in English.
(third-person singular simple present exchanges, present participle exchanging, simple past and past participle exchanged)
exchange - Computer Definition
- A central office exchange (CO or COE) of the public switched telephone network (PSTN) and all of the equipment contained therein for the purpose of interconnecting (i.e., exchanging connections between) the lines and trunks terminating there. See also CO, line, line side, PSTN, trunk, and trunk side.
- The area served by a central office exchange (CO or COE). Synonymous with carrier serving area (CSA). See also CO and CSA.
exchange - Investment & Finance Definition
An organized market where stocks, commodities, futures, and options contracts are sold. Exchanges bring together brokers and dealers who buy and sell securities. Well-known stock exchanges are the New York Stock Exchange and the NASDAQ. However, there are hundreds of less well-known exchanges throughout the world, such as the Minneapolis Grain Exchange.