Exchange Definition and Meaning
Edited by Tayyaba Rehman — By Urooj Arif — Published on June 25, 2024
Exchange is the act of giving one thing and receiving another in return; a place where transactions occur, especially trading of securities, commodities, or currencies. e.g., They made a fair exchange of books and DVDs.
Table of Contents
Exchange Definitions
To give something in return for something received.
We can exchange our gifts if they don't suit our tastes.
A program in which participants swap residences, jobs, or educational opportunities, often internationally.
She went to Spain on a student exchange program.
To substitute one thing for another.
You can exchange the blue curtains for red ones if you change your mind.
A system or service for sending and receiving messages or communications.
The company uses a secure email exchange system.
The act of swapping equivalent values in trading.
Currency exchange rates can fluctuate daily.
Interaction or communication between people.
The diplomatic exchange was crucial for improving international relations.
To replace one item with another, especially to correct a mistake.
He needed to exchange the faulty part to repair the device.
To give in return for something received; trade
Exchange dollars for francs.
Exchanging labor for room and board.
To give and receive reciprocally; interchange
Exchange gifts.
Exchange ideas.
To give up for a substitute
Exchange a position in the private sector for a post in government.
To turn in for replacement
Exchange defective merchandise at a store.
To give something in return for something received; make an exchange.
To be received in exchange
At that time the British pound exchanged for $2.80.
The act or an instance of exchanging
A prisoner exchange.
An exchange of greetings.
One that is exchanged.
A place or network for exchanging things, especially a center where securities or commodities are bought and sold.
A telephone exchange.
A system of payments using instruments, such as negotiable drafts, instead of money.
The fee or percentage charged for participating in such a system of payment.
A bill of exchange.
A rate of exchange.
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.
A dialogue
A heated exchange between the two in-laws.
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.
An act of exchanging or trading.
All in all, it was an even exchange.
An exchange of cattle for grain
I'll help you out this time, depending on what can you give me in exchange.
A place for conducting trading.
The stock exchange is open for trading.
The old corn exchange has been converted into a music venue.
A telephone exchange.
The fourth through sixth digits of a ten-digit phone number (the first three before the introduction of area codes).
The 555 exchange is reserved for use by the phone company, which is why it's often used in films.
NPA-NXX-1234 is standard format, where NPA is the area code and NXX is the exchange.
A conversation.
After a lengthy exchange with the manager, we were no wiser.
(chess) The loss of one piece and associated capture of another.
(usually with "the") The loss of a minor piece (typically a bishop or knight) and associated capture of the more advantageous rook.
(obsolete) The thing given or received in return; especially, a publication exchanged for another.
(biochemistry) The transfer of substances or elements like gas, amino-acids, ions etc. sometimes through a surface like a membrane.
(finance) The difference between the values of money in different places.
Clipping of exchange of contracts
(transitive) To trade or barter.
I'll gladly exchange my place for yours.
To mutually direct at each other.
The opposing soldiers exchanged fire across the burning streets.
(transitive) To replace with, as a substitute.
I'd like to exchange this shirt for one in a larger size.
Since his arrest, the mob boss has exchanged a mansion for a jail cell.
Clipping of exchange contracts
(transitive) To recommend and get recommendations.
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.
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.
The thing given or received in return; esp., a publication exchanged for another.
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.
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.
The place where the merchants, brokers, and bankers of a city meet at certain hours, to transact business; also, the institution which sets regulations and maintains the physical facilities of such a place; as, the New York Stock Exchange; a commodity exchange. In this sense the word was at one time often contracted to 'change
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.
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.
To shift his beingIs to exchange one misery with another.
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.
To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.
Chemical process in which one atom or ion or group changes places with another
A mutual expression of views (especially an unpleasant one);
They had a bitter exchange
The act of changing one thing for another thing;
Adam was promised immortality in exchange for his disobedience
There was an exchange of prisoners
The act of giving something in return for something received;
Deductible losses on sales or exchanges of property are allowable
A workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
A workplace for buying and selling; open only to members
(sports) an unbroken sequence of several successive strokes;
After a short rally Connors won the point
Reciprocal transfer of equivalent sums of money especially the currencies of different countries;
He earns his living from the interchange of currency
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
(chess) gaining (or losing) a rook in return for a knight or bishop;
Black lost the exchange
(chess) the capture by both players (usually on consecutive moves) of pieces of equal value;
The endgame began after the exchange of queens
Give to, and receive from, one another;
Would you change places with me?
We have been exchanging letters for a year
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
Change over, change around, or switch over
Hand over one and receive another, approximately equivalent;
Exchange prisoners
Exchange employees between branches of the company
Exchange a penalty for a less severe one
A place where goods, stocks, or currencies are traded.
The New York Stock Exchange is a busy trading venue.
A reciprocal transfer of information, ideas, or conversation.
Their exchange of ideas led to the development of a new project.
The process of returning a purchased item for another.
The store has a 30-day exchange policy.
Exchange Snonyms
Switch
To change places, positions, or directions.
Can we switch seats so I can see the screen better?
Transact
To carry out the exchange of goods or services.
They transacted several deals at the conference.
Trade
The act of buying, selling, or swapping goods and services.
They engaged in trade of local crafts.
Swap
To exchange or substitute one thing for another.
Let's swap our lunch items.
Shift
To move or transfer from one place, position, direction, etc., to another.
He shifted his investments from stocks to bonds.
Barter
To exchange goods or services for other goods or services without using money.
Ancient civilizations relied heavily on barter.
Replace
To provide or use something in place of another.
She had to replace her old phone with a new one.
Convert
To change something into a different form or product.
You can convert these points into rewards.
Interchange
To put each in the place of the other.
The roles of the actors were interchanged nightly.
Reciprocate
To give in return, respond mutually.
She reciprocated his greeting with a warm smile.
Exchange Idioms & Phrases
In exchange for
As a swap for something.
He offered his watch in exchange for help.
Exchange glances
To look at each other at the same time.
They exchanged glances during the meeting.
Fair exchange
An equitable trade or swap.
A fair exchange is no robbery.
Currency exchange
The conversion of one currency into another.
Currency exchange rates affect global trade.
Exchange views
To share or discuss opinions.
They exchanged views on the new policy.
Foreign exchange
The exchange of one currency for another by governments, businesses, or individuals.
She specializes in foreign exchange.
Exchange words
To have a discussion or argument.
They exchanged a few heated words.
Knowledge exchange
The transfer or dissemination of knowledge.
The conference promoted a rich knowledge exchange among experts.
Stock exchange
A market where stocks and bonds are traded.
He works on the London Stock Exchange.
Gift exchange
The act of giving and receiving gifts, often organized among a group.
Their office holds a gift exchange every Christmas.
Social exchange
Interaction and communication among people, especially when beneficial to all involved.
Social exchange theory explains many human relationships.
Language exchange
A learning method where two people teach each other their native languages.
He improved his Spanish through a language exchange.
Exchange of fire
Shooting between two or more parties.
There was an exchange of fire at the border.
Data exchange
The process of sending and receiving data between systems.
Data exchange is critical for networked computers.
Exchange program
A program offering participants the opportunity to study, work, or live in a different country.
She went abroad on an exchange program.
Value exchange
The perceived benefit received in return for what is given.
Value exchange is fundamental to successful marketing.
Market exchange
The buying and selling of goods and services in a market.
Market exchange determines the price of commodities.
Energy exchange
The transfer of energy between physical systems.
Energy exchange in an ecosystem maintains ecological balance.
Cultural exchange
A mutual sharing of culture, ideas, arts, and education between nations or groups.
The festival was a vibrant cultural exchange.
Direct exchange
Trading goods or services directly between two parties without an intermediary.
Direct exchange was common before the advent of money.
Exchange Example Sentences
They set up a local food exchange in the community.
Let's exchange email addresses to keep in touch.
She wanted to exchange her car for a newer model.
The students participated in a cultural exchange.
The debate team had a lively exchange of ideas.
He had to go to the currency exchange at the airport.
Can we exchange this item without a receipt?
The scientists engaged in a data exchange to complete their research.
The software allows for the secure exchange of information.
They enjoyed an exchange of letters over several years.
The workshop facilitated an exchange of best practices among professionals.
He's interested in the stock exchange and trading.
Exchange your old books at our store for credits.
Common Curiosities
What is a stressed syllable in exchange?
The stressed syllable in "exchange" is the second syllable: "change."
Why is it called exchange?
Exchange is called so because it derives from the Latin "ex-" meaning "out" and "change," meaning to give one thing and receive another, implying mutual giving and receiving.
How do we divide exchange into syllables?
Exchange is divided into syllables as follows: ex-change.
How is exchange used in a sentence?
Exchange is used as both a noun and a verb in sentences to denote the act of trading or the place where trading occurs.
What is the first form of exchange?
The first form of "exchange" is "exchange."
How many syllables are in exchange?
There are two syllables in "exchange."
What is the pronunciation of exchange?
Exchange is pronounced as /ɪksˈtʃeɪndʒ/.
What is the root word of exchange?
The root word of "exchange" is "change."
What is the second form of exchange?
The second form of "exchange" is "exchanged."
What is the third form of exchange?
The third form of "exchange" is "exchanged."
What is the verb form of exchange?
Exchange itself is the verb form.
Is exchange a noun or adjective?
Exchange is primarily a noun and a verb, not an adjective.
Is exchange an abstract noun?
As a noun, exchange can be considered abstract when referring to the concept of trading or swapping, but it is often concrete when referring to physical locations for trade.
What is the opposite of exchange?
The opposite of exchange could be "retain" or "keep."
What part of speech is exchange?
Exchange is both a noun and a verb.
What is another term for exchange?
Another term for exchange is "trade."
Which determiner is used with exchange?
Determiners like "the," "an," and "every" can be used with exchange, depending on whether it refers to the action or a place.
What is the singular form of exchange?
The singular form is "exchange."
Is exchange a vowel or consonant?
"Exchange" starts with a vowel sound.
Is exchange a countable noun?
Yes, exchange is a countable noun.
Is the word exchange imperative?
Exchange can be used in the imperative form as a command, especially in contexts like trading or information systems.
Which vowel is used before exchange?
Vowels are not specifically used before "exchange"; it depends on the preceding word in a sentence.
Is exchange an adverb?
No, exchange is not an adverb.
Is exchange a negative or positive word?
Exchange is a neutral word; its connotation depends on the context in which it is used.
Which conjunction is used with exchange?
Conjunctions like "and" and "but" can be used in sentences involving exchange.
Which article is used with exchange?
The articles "the" and "an" can be used with exchange, depending on its use as a noun in the sentence.
What is the plural form of exchange?
The plural form is "exchanges."
Is exchange a collective noun?
No, exchange is not typically considered a collective noun.
Is the exchange term a metaphor?
Exchange can be used metaphorically to describe various types of reciprocal interactions beyond physical trading.
Is the word exchange Gerund?
The gerund form of exchange is "exchanging."
Is the word “exchange” a Direct object or an Indirect object?
In sentences where exchange is a verb, the thing being exchanged can be the direct object.
Which preposition is used with exchange?
Prepositions such as "for," "with," and "at" are commonly used with exchange, as in "exchange for money," "exchange with a friend," or "at the exchange."
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Written by
Urooj ArifUrooj is a skilled content writer at Ask Difference, known for her exceptional ability to simplify complex topics into engaging and informative content. With a passion for research and a flair for clear, concise writing, she consistently delivers articles that resonate with our diverse audience.
Edited by
Tayyaba RehmanTayyaba Rehman is a distinguished writer, currently serving as a primary contributor to askdifference.com. As a researcher in semantics and etymology, Tayyaba's passion for the complexity of languages and their distinctions has found a perfect home on the platform. Tayyaba delves into the intricacies of language, distinguishing between commonly confused words and phrases, thereby providing clarity for readers worldwide.