exchange (ɪksˈtʃeɪndʒ) ![[Click for IPA pronunciation guide]](http://static.sfdict.com/dictstatic/g/d/dictionary_questionbutton_default.gif) |
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| —vb |
| 1. | (tr) to give up, part with, or transfer (one thing) for an equivalent: to exchange gifts; to exchange francs for dollars |
| 2. | (tr) to give and receive (information, ideas, etc); interchange |
| 3. | (tr) to replace (one thing) with another, esp to replace unsatisfactory goods |
| 4. | to transfer or hand over (goods) in return for the equivalent value in kind rather than in money; barter; trade |
| 5. | (tr) chess to capture and surrender (pieces, usually of the same value) in a single sequence of moves |
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| —n |
| 6. | the act or process of exchanging |
| 7. | a. anything given or received as an equivalent, replacement, or substitute for something else |
| | b. (as modifier): an exchange student |
| 8. | an argument or quarrel; altercation: the two men had a bitter exchange |
| 9. | Also called: telephone exchange a switching centre in which telephone lines are interconnected |
| 10. | a. a place where securities or commodities are sold, bought, or traded, esp by brokers or merchants: a stock exchange; a corn exchange |
| | b. (as modifier): an exchange broker |
| 11. | a. the system by which commercial debts between parties in different places are settled by commercial documents, esp bills of exchange, instead of by direct payment of money |
| | b. the percentage or fee charged for accepting payment in this manner |
| 12. | a transfer or interchange of sums of money of equivalent value, as between different national currencies or different issues of the same currency |
| 13. | (often plural) the cheques, drafts, bills, etc, exchanged or settled between banks in a clearing house |
| 14. | chess the capture by both players of pieces of equal value, usually on consecutive moves |
| 15. | chess lose the exchange to lose a rook in return for a bishop or knight |
| 16. | chess win the exchange to win a rook in return for a bishop or knight |
| 17. | med another word for transfusion |
| 18. | physics a process in which a particle is transferred between two nucleons, such as the transfer of a meson between two nucleons |
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| [C14: from Anglo-French eschaungier, from Vulgar Latin excambiāre (unattested), from Latin cambīre to barter] |
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| ex'changeable |
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| —adj |
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| exchangea'bility |
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| —n |
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| ex'changeably |
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| —adv |