in·ter·change

[v. in-ter-cheynj; n. in-ter-cheynj] verb, in·ter·changed, in·ter·chang·ing, noun
verb (used with object)
1.
to put each in the place of the other: to interchange pieces of modular furniture.
2.
to cause (one thing) to change places with another; transpose.
3.
to give and receive (things) reciprocally; exchange: The twins interchanged clothes frequently.
4.
to cause to follow one another alternately; alternate: to interchange business cares with pleasures.
verb (used without object)
5.
to occur by turns or in succession; alternate.
6.
to change places, as two persons or things, or as one with another.
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noun
7.
an act or instance of interchanging; reciprocal exchange: the interchange of commodities.
8.
a changing of places, as between two persons or things, or of one with another.
9.
alternation; alternate succession.
10.
a highway intersection consisting of a system of several different road levels arranged so that vehicles may move from one road to another without crossing the streams of traffic.
Origin:
1325–75; inter- + change; replacing Middle English entrechaungen < Middle French entrechangier

Related forms
in·ter·chang·er, noun
pre·in·ter·change, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To interchange
Collins
World English Dictionary
interchange
 
—vb
1.  to change places or cause to change places; alternate; exchange; switch
 
—n
2.  the act of interchanging; exchange or alternation
3.  a motorway junction of interconnecting roads and bridges designed to prevent streams of traffic crossing one another
 
inter'changeable
 
—adj
 
interchangea'bility
 
—n
 
inter'changeableness
 
—n
 
inter'changeably
 
—adv

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

interchange
late 14c., from O.Fr. entrechangier, from entre- (from L. inter-) + changier "to change." The noun in ref. to a type of road junction is first recorded 1944.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The interchange was also facilitated by the habit of indicating a word's
  function or construction by its position in the sentence.
After the interchange of several letters my father finally capitulated,
  although he said it went sorely against his conscience.
Only later do the ethical questions raised by this interchange become apparent,
  as do the dangers.
There had long been an interchange of material between the two species.
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