exchange

1 of 3

noun (1)

ex·​change iks-ˈchānj  ˈeks-ˌchānj 

often attributive

1

: the act of giving or taking one thing in return for another : trade

an exchange of prisoners

2

a

: the act or process of substituting one thing for another

b

: reciprocal giving and receiving

3

: something offered, given, or received in an exchange

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 (such as checks or bills of exchange) presented in a clearinghouse for settlement

5

: a place where things or services are exchanged: such 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

see also:

in exchange

exchange

2 of 3

verb

exchanged; exchanging

transitive verb

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

2

: to part with for a substitute

exchanging future security for immediate pleasure

3

: to give and receive reciprocally

exchange gifts

intransitive verb

1

: to pass or become received in exchange

2

: to engage in an exchange

exchangeability

iks-ˌchān-jə-ˈbi-lə-tē 

noun

exchangeable

iks-ˈchān-jə-bəl 

adjective

exchanger

iks-ˈchān-jər 

ˈeks-ˌchān-

noun

exchanger

3 of 3

noun (2)

ex·​chang·​er pronunciation at 1exchange +ə(r) 

1

: one that exchanges

2

: money changer, banker

especially : one formerly appointed in England to exchange plate and bullion for coin under royal authority

3

: an agent or apparatus for carrying out exchange reactions or processes: such as

a

: ion exchanger

b

: heat exchanger

Synonyms of exchange

Noun (1)

• swap
• trade
• barter
• commutation
• back-and-forth
• dealing
• bargaining

Verb

• trade
• swap
• substitute
• change

Examples of exchange in a Sentence

Noun (1)

an even exchange of property

an angry exchange of insults

a useful exchange of information

threats of a nuclear exchange

Verb

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

These coupons can be exchanged for food.

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

Recent Examples on the Web

Noun

In the mid-1960s, the festival expanded from an intimate get-together among church members to a cultural exchange for the greater Sacramento community. — Camila Pedrosa, Sacbee.com, 1 Aug. 2026

Hooking up the tower to the exchange was simply a matter of routing the microwave links straight down into the exchange's switching equipment room. — David Szondy august 01, New Atlas, 1 Aug. 2026

Verb

Meanwhile, digital surveillance has limited people’s ability to exchange information with the outside world from within Tibetan regions in China. — CNN Money, 2 Aug. 2026

But the company has exchanged ownership of those properties for continuing rental obligations. — Jim Osman, Forbes.com, 2 Aug. 2026

Word History

Etymology

Noun (1)

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

Noun (2)

Middle English eschaungeour, from Anglo-French eschaungeor, from Old French eschangier to exchange + -eor -or

First Known Use

Noun (1)

14th century, in the meaning defined at sense 1

Verb

15th century, in the meaning defined at transitive sense 1a

Phrases Containing exchange

• base exchange
• bill of exchange
• exchange fire
• exchange rate
• exchange student
• foreign exchange
• in exchange
• ion exchange
• ion exchange resin
• medium of exchange
• post exchange
• rate of exchange
• stock exchange

Rhymes for exchange

• arrange
• derange
• estrange
• midrange
• change
• grange
• mange
• range
• strange
• interchange
• rearrange

Kids Definition

exchange

1 of 2 noun

ex·​change iks-ˈchānj  ˈeks-ˌchānj 

1

: a giving or taking of one thing in return for another : trade

2

a

: the act of substituting one thing for another

3

a

: a place where things or services are exchanged

a stock exchange

b

: a central office in which telephone lines are connected to permit communication

exchange

2 of 2 verb

exchanged; exchanging

: to give in exchange : trade, swap

exchangeability

iks-ˌchān-jə-ˈbil-ət-ē 

noun

exchangeable

iks-ˈchān-jə-bəl 

adjective

exchanger noun

Legal Definition

exchange

noun

ex·​change

1

a

: 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

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