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exchange - 12 dictionary results

ex⋅change

[iks-cheynj] verb, -changed, -chang⋅ing, noun
–verb (used with object)
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. Chess. to capture (an enemy piece) in return for a capture by the opponent generally of pieces of equal value.
–verb (used without object)
6. to make an exchange; engage in bartering, replacing, or substituting one thing for another.
7. to pass or be taken in exchange or as an equivalent.
–noun
8. the act, process, or an instance of exchanging: The contesting nations arranged for an exchange of prisoners; money in exchange for services.
9. something that is given or received in exchange or substitution for something else: The car was a fair exchange.
10. a place for buying and selling commodities, securities, etc., typically open only to members.
11. a central office or central station: a telephone exchange.
12. the 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.
13. the discharge of obligations in different places by the transfer of credits.
14. the amount or percentage charged for exchanging money, collecting a draft, etc.
15. the reciprocal transfer of equivalent sums of money, as in the currencies of two different countries.
16. the giving or receiving of a sum of money in one place for a bill ordering the payment of an equivalent sum in another.
17. exchange rate.
18. the amount of the difference in value between two or more currencies, or between the values of the same currency at two or more places.
19. the checks, drafts, etc., exchanged at a clearinghouse.
20. Chess. a reciprocal capture of pieces of equivalent value by opponents in a single series of moves.

Origin:
1250–1300; (v.) ME eschaungen < AF eschaungier < VL *excambiāre (see ex-, change ); (n.) ME eschaunge < AF (OF eschange), deriv. of eschaungier; modern sp. with ex- on the model of ex- 1


ex⋅chang⋅er, noun


1. interchange, commute, barter, trade, swap. 8. interchange, trade, traffic, business, commerce, barter. 10. market.
ex·change   (ĭks-chānj')   
v.   ex·changed, ex·chang·ing, ex·chang·es

v.   tr.
  1. To give in return for something received; trade: exchange dollars for francs; exchanging labor for room and board.
  2. To give and receive reciprocally; interchange: exchange gifts; exchange ideas.
  3. To give up for a substitute: exchange a position in the private sector for a post in government.
  4. To turn in for replacement: exchange defective merchandise at a store.
v.   intr.
  1. To give something in return for something received; make an exchange.
  2. To be received in exchange: At that time the British pound exchanged for $2.80.
n.  
  1. The act or an instance of exchanging: a prisoner exchange; an exchange of greetings.
  2. One that is exchanged.
  3. A place where things are exchanged, especially a center where securities or commodities are bought and sold: a stock exchange.
  4. A telephone exchange.
    1. A system of payments using instruments, such as negotiable drafts, instead of money.
    2. The fee or percentage charged for participating in such a system of payment.
  5. A bill of exchange.
  6. A rate of exchange.
  7. The amount of difference in the actual value of two or more currencies or between values of the same currency at two or more places.
  8. A dialogue: a heated exchange between the two in-laws.
adj.  Of or relating to a reciprocal arrangement between a local and a foreign institution or group: an exchange student; exchange programs for students learning foreign languages.

[Middle English eschaungen, from Anglo-Norman eschaungier, from Vulgar Latin *excambiāre : Latin ex-, ex- + Late Latin cambīre, to exchange, barter; see change.]
ex·change'a·ble adj.

Exchange

Ex*change"\, n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. ['e]changer, to exchange; pref. ex- out + F. changer. See Change, and cf. Excamb.]

1. The act of giving or taking one thing in return for another which is regarded as an equivalent; as, an exchange of cattle for grain.

2. The act of substituting one thing in the place of another; as, an exchange of grief for joy, or of a scepter for a sword, and the like; also, the act of giving and receiving reciprocally; as, an exchange of civilities or views.

3. The thing given or received in return; esp., a publication exchanged for another. --Shak.

4. (Com.) The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange.

Note: A in London is creditor to B in New York, and C in London owes D in New York a like sum. A in London draws a bill of exchange on B in New York; C in London purchases the bill, by which A receives his debt due from B in New York. C transmits the bill to D in New York, who receives the amount from B.

5. (Law) A mutual grant of equal interests, the one in consideration of the other. Estates exchanged must be equal in quantity, as fee simple for fee simple. --Blackstone.

6. The place where the merchants, brokers, and bankers of a city meet at certain hours, to transact business. In this sense often contracted to 'Change.

Arbitration of exchange. See under Arbitration.

Bill of exchange. See under Bill.

Exchange broker. See under Broker.

Par of exchange, the established value of the coin or standard of value of one country when expressed in the coin or standard of another, as the value of the pound sterling in the currency of France or the United States. The par of exchange rarely varies, and serves as a measure for the rise and fall of exchange that is affected by the demand and supply. Exchange is at par when, for example, a bill in New York, for the payment of one hundred pounds sterling in London, can be purchased for the sum. Exchange is in favor of a place when it can be purchased there at or above par.

Telephone exchange, a central office in which the wires of any two telephones or telephone stations may be connected to permit conversation.

Syn: Barter; dealing; trade; traffic; interchange.

Exchange

Ex*change"\, v. t. [imp. & p. p. Exchanged; p. pr. & vb. n. Exchanging.] [Cf.OF. eschangier, F. ['e]changer. See Exchange, n.]

1. To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received.

Exchange his sheep for shells, or wool for a sparking pebble or a diamond. --Locke.

2. To part with for a substitute; to lay aside, quit, or resign (something being received in place of the thing parted with); as, to exchange a palace for cell.

And death for life exchanged foolishly. --Spenser.

To shift his being Is to exchange one misery with another. --Shak.

3. To give and receive reciprocally, as things of the same kind; to barter; to swap; as, to exchange horses with a neighbor; to exchange houses or hats.

Exchange forgiveness with me, noble Hamlet. --Shak.

Syn: To barter; change; commute; interchange; bargain; truck; swap; traffic.

Exchange

Ex*change"\, v. i. To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.
Language Translation for : exchange
Spanish: cambiar,
German: wechseln,
Japanese: 交換する

exchange  (n.)
c.1374, from Anglo-Fr. eschaunge, from O.Fr. eschangier, from V.L. *excambiare, from L. ex- "out" + cambire "barter" (see change). Sense of merchants or lenders meeting to exchange bills of debt led to meaning "building for mercantile business" (1589).

Exchange

A market in which securities, commodities, options, or futures are traded.

Investopedia Commentary

The NYSE, Nasdaq, and Amex are some examples of exchanges.

Related Links

Getting to Know Stock Exchanges
Stock Basics Tutorial

See also: Commodity, Futures, Nasdaq, NYSE, Option, Security, Toronto Stock Exchange - TSX


exchange

See securities exchange.


exchange

See swap.


Main Entry: ex·change
Function: noun
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

exchange ex·change (ĭks-chānj')
v. ex·changed, ex·chang·ing, ex·chang·es
To substitute one thing for another. n.
The act of substituting one thing for another.

exchange

see in exchange.

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