exchange

1 /Iks'tSeIndZ/ noun
1 GIVING/RECEIVING (C, U) the act of exchanging one thing for another or doing something to someone at the same time as they do it to you: an exchange of political prisoners | an honest exchange of information | fair exchange (=an exchange in which the things given and received are of equal value): Four of my cassettes for yourMadonna CD is a fair exchange.
—see also: part­exchange
2 in exchange if you do or give something in exchange for something else, you do it or give it in order to get that thing: They have offered to release the hostages, but what do they want in exchange?
(+ for): I've offered to paint the kitchen in exchange for a week's accommodation.
3 ARGUMENT (C) a short conversation, usually between two people who are angry with each other: a quiet exchange between the judge and the clerk | heated exchange (=a very angry conversation): The DJ was fired after a heated exchange on air with a call-in listener.
4 MONEY (U)
5
a) a process in which you change money from one currency to another: Most capital cities have extensive exchange facilities.
b) (C) the exchange rate
6 BETWEEN FAMILIES/SCHOOLS (C) an arrangement in which someone changes their job, home etc with someone else usually for a short period of time, or in which students from different countries visit each other: I'm only here for one term, I'm on an exchange with Dr Fisher.
7 WAR (C, U) an event during a war when armies use weapons against each other: an exchange of fire
8 corn/wool/cotton etc exchange a large building in a town, that was used in the past for buying and selling corn, wool etc
—see also: labour exchange, stock exchange
9 SCIENCE (U) technical the movement of one substance into the place where another substance was
2 verb (T)
1 to give someone something and receive the same kind of thing from them at the same time: We still exchange gifts at Christmas. | At the end of the game players traditionally exchange shirts with each other. | exchange addresses/telephone numbers (=give someone your address or telephone number and take theirs): Did you exchange phone numbers with the guy that hit you?
2 to give someone something so that they will give you something that is better, more suitable, or more useful for you: The store will not exchange goods without a receipt. | exchange sth for: Where can I exchange my dollars for pounds?
3 if two people exchange something, they do something to each other: exchange looks/glances (=look at each other): Sally and I exchange amused glances when we heard this. | exchange greetings/insults (=greet or insult each other) | exchange words (=talk to someone): Until this evening I had never so much as exchanged a word with him. | exchange blows (=fight): Students exchanged blows with locals, and police were called in.
4 exchange information/ideas if two people or a group of people exchange information, ideas etc they discuss something: We envision an artistic community where people are free to exchange ideas.
5 exchange houses to go and live in someone else's house while they come and live in yours, usually for a holiday: We exchanged houses with an American family for three weeks.
6 exchange contracts especially BrE to complete the final stage of buying a house by signing a contract with the person you are buying it from
— exchangeable adjective

Longman dictionary of contemporary English. 2004.

Synonyms:

Look at other dictionaries:

  • Exchange — may mean: * Trade or barter, the voluntary exchange of goods and/or services * Social exchange * Student exchange program or high school exchange * Exchange rule, from Mathematical Logic * The exchange (chess), the value difference between rook… …   Wikipedia

  • exchange — ex·change n 1 a: a giving of something of value (as real property) in return for something of equal value (as money or property of a like kind) b in the civil law of Louisiana: a giving of something of value in return for something of equal value …   Law dictionary

  • exchange — ex*change ([e^]ks*ch[=a]nj ), n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. [ e]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 …   The Collaborative International Dictionary of English

  • exchange — [eks chānj′, ikschānj′] vt. exchanged, exchanging [ME eschaungen < OFr eschangier < VL * excambiare: see EX 1 & CHANGE] 1. a) to give, hand over, or transfer (for another thing in return) b) to receive or give another thing for (something …   English World dictionary

  • exchange — vb Exchange, interchange, bandy mean to give a thing to another in return for another thing from him. Exchange may imply a disposing of one thing for another by or as if by the methods of bartering or trading {exchange horses} {the hostile forces …   New Dictionary of Synonyms

  • Exchange — Ex*change , v. t. [imp. & p. p. {Exchanged}; p. pr. & vb. n. {Exchanging}.] [Cf.OF. eschangier, F. [ e]changer. See {Exchange}, n.] 1. To part with give, or transfer to another in consideration of something received as an equivalent; usually… …   The Collaborative International Dictionary of English

  • exchange — [n1] trade; deal barter, buying and selling, castling, change, commerce, commutation, conversion, correspondence, dealing, interchange, interdependence, interrelation, network, quid pro quo, rearrangement, reciprocation, reciprocity, replacement …   New thesaurus

  • Exchange — Ex*change , v. i. To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes. [1913 Webster] …   The Collaborative International Dictionary of English

  • Exchange — (engl., spr. Ekstschehndsch), Austausch, Umtausch, Wechsel, die Börse in London …   Pierer's Universal-Lexikon

  • Exchange — (engl., spr. ex tschēndsch), Austausch, Umtausch; Wechsel, Umsatz; Börse (s.d.) …   Meyers Großes Konversations-Lexikon

  • Exchange On —   [engl.], XON …   Universal-Lexikon

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