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exchange
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English Dictionary: Exchange by the DICT Development Group
4 results for Exchange
From WordNet (r) 3.0 (2006) [wn]:
exchange
n
  1. chemical process in which one atom or ion or group changes places with another
  2. a mutual expression of views (especially an unpleasant one); "they had a bitter exchange"
  3. the act of changing one thing for another thing; "Adam was promised immortality in exchange for his disobedience"; "there was an interchange of prisoners"
    Synonym(s): exchange, interchange
  4. the act of giving something in return for something received; "deductible losses on sales or exchanges of property are allowable"
  5. a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
    Synonym(s): central, telephone exchange, exchange
  6. a workplace for buying and selling; open only to members
  7. (sports) an unbroken sequence of several successive strokes; "after a short rally Connors won the point"
    Synonym(s): rally, exchange
  8. reciprocal transfer of equivalent sums of money (especially the currencies of different countries); "he earns his living from the interchange of currency"
    Synonym(s): exchange, interchange
  9. the act of putting one thing or person in the place of another: "he sent Smith in for Jones but the substitution came too late to help"
    Synonym(s): substitution, exchange, commutation
  10. (chess) gaining (or losing) a rook in return for a knight or bishop; "black lost the exchange"
  11. (chess) the capture by both players (usually on consecutive moves) of pieces of equal value; "the endgame began after the exchange of queens"
v
  1. give to, and receive from, one another; "Would you change places with me?"; "We have been exchanging letters for a year"
    Synonym(s): exchange, change, interchange
  2. exchange or replace with another, usually of the same kind or category; "Could you convert my dollars into pounds?"; "He changed his name"; "convert centimeters into inches"; "convert holdings into shares"
    Synonym(s): change, exchange, commute, convert
  3. change over, change around, as to a new order or sequence
    Synonym(s): switch over, switch, exchange
  4. hand over one and receive another, approximately equivalent; "exchange prisoners"; "exchange employees between branches of the company"
  5. put in the place of another; switch seemingly equivalent items; "the con artist replaced the original with a fake Rembrandt"; "substitute regular milk with fat-free milk"; "synonyms can be interchanged without a changing the context's meaning"
    Synonym(s): substitute, replace, interchange, exchange
  6. exchange a penalty for a less severe one
    Synonym(s): commute, convert, exchange
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Exchange \Ex*change"\, n. [OE. eschange, eschaunge, OF.
      eschange, fr. eschangier, F. [82]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.

From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Exchange \Ex*change"\, v. i.
      To be changed or received in exchange for; to pass in
      exchange; as, dollar exchanges for ten dimes.

From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Exchange \Ex*change"\, v. t. [imp. & p. p. {Exchanged}; p. pr. &
      vb. n. {Exchanging}.] [Cf.OF. eschangier, F. [82]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.
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