Translate exchange | into French | into German | into Italian | into Spanish Definition of exchange
noun
an act of giving one thing and receiving another (especially of the same type or value) in return:negotiations should eventually lead to an exchange of land for peace an exchange of prisoners of war opportunities for the exchange of information a visit or visits in which two people or groups from different countries stay with each other or do each other’s jobs: [as modifier]:nine colleagues were away on an exchange visit to Germany a short conversation; an argument:there was a heated exchange the giving of money for its equivalent in the money of another country. the fee or percentage charged for converting the currency of one country into that of another. a system or market in which commercial transactions involving currency, shares, commodities, etc., can be carried out within or between countries. See also foreign exchange. a central office or station of operations providing telephone service:private branch exchanges to automate internal telephone networks Chess 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 (and is said to win the exchange). a building or institution used for the trading of a particular commodity or commodities:the New York Stock Exchange
verb
[with object] give something and receive something of the same kind in return:we exchanged addresses he exchanged a concerned glance with Stephen give or receive one thing in place of another:we regret that tickets cannot be exchanged she exchanged her suburban housewife look for leathers and tattoos
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