WordReference Random House Learner's Dictionary of American English © 2017
ex•change /ɪksˈtʃeɪndʒ/USA pronunciation   v.,  -changed, -chang•ing, n. 
  1. to give up (something) for something else: [+ object]I went back to the store and exchanged the defective radio.[+ object + for + object]I exchanged the radio for a new one.
  2. to give and receive reciprocally;
    interchange:[+ object]We exchange gifts on the holiday.
  3. to transfer for money;
    barter;
    buy and sell;
    trade:[+ object]exchanged our dollars for French francs.

n. 
  1. the act, process, or an instance of exchanging: [countable]an exchange of prisoners.[uncountable;  in + ~]The trapper got some coffee, flour, and gunpowder in exchange for his furs.
  2. something given or received as a replacement or substitution for something else:[countable]The car was a fair exchange.
  3. a place for buying and selling goods, commodities, securities, etc.:[countable]a stock exchange.
  4. a central office or central station:[countable]a telephone exchange.
  5. Business the transfer of equivalent sums of money, as in the currencies of two different countries:[countable]We made an exchange of our dollars for Russian rubles.
ex•change•a•ble, adj. 
ex•chang•er, n. [countable]

WordReference Random House Unabridged Dictionary of American English © 2017
ex•change  (iks chānj),USA pronunciation v.,  -changed, -chang•ing, n. 
v.t. 
  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. Chessto capture (an enemy piece) in return for a capture by the opponent generally of pieces of equal value.

v.i. 
  1. to make an exchange;
    engage in bartering, replacing, or substituting one thing for another.
  2. to pass or be taken in exchange or as an equivalent.

n. 
  1. the act, process, or an instance of exchanging:The contesting nations arranged for an exchange of prisoners; money in exchange for services.
  2. something that is given or received in exchange or substitution for something else:The car was a fair exchange.
  3. a place for buying and selling commodities, securities, etc., typically open only to members.
  4. a central office or central station:a telephone exchange.
  5. Businessthe 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.
  6. Businessthe discharge of obligations in different places by the transfer of credits.
  7. Businessthe amount or percentage charged for exchanging money, collecting a draft, etc.
  8. Businessthe reciprocal transfer of equivalent sums of money, as in the currencies of two different countries.
  9. Businessthe giving or receiving of a sum of money in one place for a bill ordering the payment of an equivalent sum in another.
  10. BusinessSee  exchange rate. 
  11. Businessthe amount of the difference in value between two or more currencies, or between the values of the same currency at two or more places.
  12. Businessthe checks, drafts, etc., exchanged at a clearinghouse.
  13. Chessa reciprocal capture of pieces of equivalent value by opponents in a single series of moves.
ex•changer, n. 
  • Anglo-French (Old French eschange), derivative of eschaungier; modern spelling, spelled with ex- on the model of ex-1
  • Vulgar Latin *excambiāre (see ex-, change); (noun, nominal) Middle English eschaunge
  • Anglo-French eschaungier
  • (verb, verbal) Middle English eschaungen 1250–1300
    • 1.See corresponding entry in Unabridged interchange, commute, barter, trade, swap.
    • 8.See corresponding entry in Unabridged interchange, trade, traffic, business, commerce, barter.
    • 10.See corresponding entry in Unabridged market.


Collins Concise English Dictionary © HarperCollins Publishers::

exchange /ɪksˈtʃeɪndʒ/ vb
  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) to capture and surrender (pieces, usually of the same value) in a single sequence of moves
n
  1. the act or process of exchanging
  2. anything given or received as an equivalent, replacement, or substitute for something else
  3. (as modifier): an exchange student
  4. an argument or quarrel; altercation: the two men had a bitter exchange
  5. Also called: telephone exchange a switching centre in which telephone lines are interconnected
  6. a place where securities or commodities are sold, bought, or traded, esp by brokers or merchants: a stock exchange, a corn exchange
  7. (as modifier): an exchange broker
  8. 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
  9. the percentage or fee charged for accepting payment in this manner
  10. a transfer or interchange of sums of money of equivalent value, as between different national currencies or different issues of the same currency
  11. (often plural) the cheques, drafts, bills, etc, exchanged or settled between banks in a clearing house
  12. the capture by both players of pieces of equal value, usually on consecutive moves
  13. lose the exchangeto lose a rook in return for a bishop or knight
  14. win the exchangeto win a rook in return for a bishop or knight
  15. 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, labour exchangeEtymology: 14th Century: from Anglo-French eschaungier, from Vulgar Latin excambiāre (unattested), from Latin cambīre to barter

exˈchangeable adj exˌchangeaˈbility n exˈchangeably adv



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