exchange

ex•change

[[t]ɪksˈtʃeɪndʒ[/t]] v. -changed, -chang•ing, n.

1) to give up (something) for something else; part with for some equivalent or substitute

2) to replace (returned merchandise) with something else

3) to give and receive reciprocally; interchange:

to exchange blows; to exchange gifts[/ex]

4) to transfer for a recompense; barter:

to exchange goods with foreign countries[/ex]

5) to make an exchange; engage in bartering, replacing, or substituting one thing for another

6) to pass or be taken in exchange or as an equivalent

7) the act, process, or an instance of exchanging

8) something that is given or received as a replacement or substitution for something else:

The car was a fair exchange[/ex]

9) a place for buying and selling commodities, securities, etc., typically open only to members

10) a central office or central station:

a telephone exchange[/ex]

11) bus the settling of debits and credits by bills of exchange rather than by the actual transfer of money

12) bus the settling of financial obligations by the transfer of credits

13) bus the reciprocal transfer of equivalent sums of money, as in the currencies of two different countries

14) bus

exchange rate

15) bus

a) the amount of the difference in value between two or more currencies

b) the difference in value of the same currency in two different places

16) bus the checks, drafts, etc., exchanged at a clearinghouse

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Etymology: 1250–1300; ME eschaungen < AF eschaungier < VL *excambiāre (see ex- I, change) ex•change′a•ble, adj. ex•change`a•bil′i•ty, n. ex•chang′er, n.