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exchange

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ex⋅change

  [iks-cheynj] verb, -changed, -chang⋅ing, noun
Use exchange in a Sentence
–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

Related forms:
ex⋅chang⋅er, noun

Synonyms:
1. interchange, commute, barter, trade, swap. 8. interchange, trade, traffic, business, commerce, barter. 10. market.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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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.

  6. A bill of exchange.

  7. A rate of exchange.

  8. 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.

  9. 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.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

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).
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

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

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

exchange

See securities exchange.


exchange

See swap.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

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
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Medical Dictionary

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.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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Idioms & Phrases

exchange

see in exchange.

The American Heritage® Dictionary of Idioms by Christine Ammer.
Copyright © 1997. Published by Houghton Mifflin.
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