Exchange vs. Transaction — What's the Difference?

The process of converting one currency into another.

The action of buying or selling something.

The replacement or return of a product.

The process of conducting business or trade.

An act of giving one thing and receiving another (especially of the same kind) in return

A recorded entry in accounting.

The changing of money to its equivalent in the currency of another country

A business deal or financial arrangement.

A short conversation or an argument

An instance of buying or selling something

Short for telephone exchange

Published reports of proceedings at the meetings of a learned society.

A move or short sequence of moves in which both players capture material of comparable value, or particularly the exchange in which one captures a rook in return for a knight or bishop.

An input message to a computer system dealt with as a single unit of work

Give something and receive something of the same kind in return

The act of transacting or the fact of being transacted.

To give in return for something received; trade

Something transacted, especially a business agreement or exchange.

To give and receive reciprocally; interchange

Communication involving two or more people that affects all those involved; personal interaction

To give up for a substitute

Transactions A record of business conducted at a meeting; proceedings.

To turn in for replacement

The act of conducting or carrying out (business, negotiations, plans).

To give something in return for something received; make an exchange.

A deal or business agreement. en

To be received in exchange

An exchange or trade, as of ideas, money, goods, etc.

The act or an instance of exchanging

(finance) The transfer of funds into, out of, or from an account.

One that is exchanged.

(computing) An atomic operation; a message, data modification, or other procedure that is guaranteed to perform completely or not at all (e.g. a database transaction).

A place or network for exchanging things, especially a center where securities or commodities are bought and sold.

(especially in plural) A record of the proceedings of a learned society.

A telephone exchange.

(transactional analysis) A social interaction.

A system of payments using instruments, such as negotiable drafts, instead of money.

The doing or performing of any business; management of any affair; performance.

The fee or percentage charged for participating in such a system of payment.

That which is done; an affair; as, the transactions on the exchange.

A bill of exchange.

An adjustment of a dispute between parties by mutual agreement.

A rate of exchange.

The act of transacting within or between groups (as carrying on commercial activities);

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.

The act of interacting or conducting affairs.

A dialogue

Of or relating to a reciprocal arrangement between a local and a foreign institution or group

An act of exchanging or trading.

A place for conducting trading.

A telephone exchange.

The fourth through sixth digits of a ten-digit phone number (the first three before the introduction of area codes).

A conversation.

(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.

To mutually direct at each other.

(transitive) To replace with, as a substitute.

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.

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.

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.

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);

The act of changing one thing for another thing;

The act of giving something in return for something received;

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;

Reciprocal transfer of equivalent sums of money especially the currencies of different countries;

The act of putting one thing or person in the place of another:

(chess) gaining (or losing) a rook in return for a knight or bishop;

(chess) the capture by both players (usually on consecutive moves) of pieces of equal value;

Give to, and receive from, one another;

Exchange or replace with another, usually of the same kind or category;

Change over, change around, or switch over

Hand over one and receive another, approximately equivalent;

Exchange a penalty for a less severe one

An act of giving something to someone and receiving something in return.

A place or organization where goods or services are traded.

A short conversation or communication.

A transaction is a completed agreement or exchange, often involving business or finance.

An exchange is a mutual giving and receiving of goods, services, or ideas.

No, exchanges are typically mutual. One-sided transfers are more aligned with the concept of a transaction.

Yes, exchanges can involve non-material things like information or ideas.

Not necessarily. Exchanges can be both formal and informal.

A gift can be part of an exchange if there's an expectation of something in return.

Many transactions, especially in business, require documentation for legal or record-keeping purposes.

While many transactions are financial, the term can also refer to any completed deal or agreement.

Yes, a conversation can be seen as an exchange of ideas or information.

Yes, such as currency exchange or stock exchange.

Some transactions can be reversed or refunded, depending on the circumstances and policies involved.

Yes, bartering is a classic example of an exchange of goods or services without involving money.

Transactions can involve multiple parties, depending on the complexity of the deal.

Exchange often implies a sense of equivalence, but it's not always equal in value.

Yes, transactions can occur in physical or digital formats, including online purchases or digital contracts.