ex·change
                    
                                                                                                              
                                                                                                                                  iks-ˈchānj  ˈeks-ˌchānj
                                                                                                                                  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)
    
                
        (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                                      
                
                    
            
              exchanged; exchanging            
        
    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
                         
                
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  Merriam-Webster unabridged




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