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1

exchange

play
noun, often attributive ex·change \iks-ˈchānj, ˈeks-ˌ\

Simple Definition of exchange

  • : an occurrence in which people give things of similar value to each other : the act of giving or taking one thing in return for another thing

  • : an occurrence in which people direct something at each other

  • : an occurrence in which people give information to each other

Source: Merriam-Webster's Learner's Dictionary

Full Definition of exchange

  1. 1 :  the act of giving or taking one thing in return for another :  trade <an exchange of prisoners>

  2. 2 a :  the act or process of substituting one thing for another b :  reciprocal giving and receiving

  3. 3 :  something offered, given, or received in an exchange

  4. 4 a :  funds payable currently at a distant point either in a foreign currency or in domestic currency b (1) :  interchange or conversion of the money of two countries or of current and uncurrent money with allowance for difference in value (2) :  exchange rate (3) :  the amount of the difference in value between two currencies or between values of a particular currency at two places c :  instruments (as checks or bills of exchange) presented in a clearinghouse for settlement

  5. 5 :  a place where things or services are exchanged: as a :  an organized market or center for trading in securities or commodities b :  a store or shop specializing in merchandise usually of a particular type c :  a cooperative store or society d :  a central office in which telephone lines are connected to permit communication

in exchange

  1. :  as a substitute

Examples of exchange in a sentence

  1. an even exchange of property

  2. an angry exchange of insults

  3. a useful exchange of information

  4. threats of a nuclear exchange



Origin and Etymology of exchange

Middle English exchaunge, from Anglo-French eschange, from eschanger to exchange, from Vulgar Latin *excambiare, from Latin ex- + cambiare to exchange — more at change


First Known Use: 14th century


2

exchange

verb ex·change

Simple Definition of exchange

  • : to give something and receive something in return

  • : to direct (words, looks, etc.) at each other

  • : to return (a product) to a store and have it replaced by another product : to trade (something that has been purchased) for something else

Source: Merriam-Webster's Learner's Dictionary

Full Definition of exchange

exchanged

exchanging

  1. transitive verb
  2. 1 a :  to part with, give, or transfer in consideration of something received as an equivalent b :  to have replaced by other merchandise <exchanged the shirt for one in a larger size>

  3. 2 :  to part with for a substitute <exchanging future security for immediate pleasure>

  4. 3 :  to give and receive reciprocally <exchange gifts>

  5. intransitive verb
  6. 1 :  to pass or become received in exchange

  7. 2 :  to engage in an exchange

exchangeability

play \iks-ˌchān-jə-ˈbi-lə-tē\ noun

exchangeable

play \iks-ˈchān-jə-bəl\ adjective

exchanger

play \iks-ˈchān-jər, eks-ˌ\ noun

Examples of exchange in a sentence

  1. We exchanged addresses and promised we'd write each other often.

  2. These coupons can be exchanged for food.

  3. I'd like to exchange this sweater for a smaller one.



15th Century

First Known Use of exchange

15th century



EXCHANGE Defined for Kids

1

exchange

play
noun ex·change \iks-ˈchānj\

Definition of exchange for Students

  1. 1 :  an act of giving or taking of one thing in return for another :  trade <a fair exchange>

  2. 2 :  a place where goods or services are exchanged

  3. 3 :  the act of giving and receiving between two groups <an exchange of ideas>




2

exchange

play
verb ex·change

Definition of exchange for Students

exchanged

exchanging

  1. :  to give or take one thing in return for another :  trade, swap




Law Dictionary

exchange

noun ex·change

Legal Definition of exchange

  1. 1a :  a giving of something of value (as real property) in return for something of equal value (as money or property of a like kind) b in the civil law of Louisiana :  a giving of something of value in return for something of equal value except money — compare sale

  2. 2 :  an organized market or center for trading in securities or commodities





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