Exchange

English Meaning

The act of giving or taking one thing in return for another which is regarded as an equivalent; as, an exchange of cattle for grain.

1. To give in return for something received; trade: exchange dollars for francs; exchanging labor for room and board.
2. To give and receive reciprocally; interchange: exchange gifts; exchange ideas.
3. To give up for a substitute: exchange a position in the private sector for a post in government.
4. To turn in for replacement: exchange defective merchandise at a store.
5. To give something in return for something received; make an exchange.
6. To be received in exchange: At that time the British pound exchanged for $2.80.
7. The act or an instance of exchanging: a prisoner exchange; an exchange of greetings.
8. One that is exchanged.
9. A place where things are exchanged, especially a center where securities or commodities are bought and sold: a stock exchange.
10. A telephone exchange.
11. A system of payments using instruments, such as negotiable drafts, instead of money.
12. The fee or percentage charged for participating in such a system of payment.
13. A bill of exchange.
14. A rate of exchange.
15. 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.
16. A dialogue: a heated exchange between the two in-laws.
17. 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.