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telephone exchange
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English Dictionary: telephone exchange by the DICT Development Group
3 results for telephone exchange
From WordNet (r) 3.0 (2006) [wn]:
telephone exchange
n
  1. 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
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Telephone exchange \Tel`e*phone ex*change"\
      A central office in which the wires of telephones may be
      connected to permit conversation.

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.
No guarantee of accuracy or completeness!
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