exchange
v.
give one thing in return for another, replace one thing with another, trade, barter
n.
conversion; stock market; trade, barter, act of giving something in return for something else
Exchange
Exchange
exchange
Noun
1. chemical process in which one atom or ion or group changes places with another
(hypernym) chemical phenomenon
(hyponym) photochemical exchange
2. a mutual expression of views (especially an unpleasant one); "they had a bitter exchange"
(hypernym) conversation
3. the act of changing one thing for another thing; "Adam was promised immortality in exchange for his disobedience"; "there was an exchange of prisoners"
(hypernym) group action
(hyponym) tradeoff, trade-off
(derivation) commute, convert
4. the act of giving something in return for something received; "deductible losses on sales or exchanges of property are allowable"
(hypernym) transaction, dealing, dealings
(hyponym) logrolling
(derivation) change, interchange
5. a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
(synonym) central, telephone exchange
(hypernym) workplace, work
(hyponym) centrex
(part-holonym) telephone system, phone system
6. a workplace for buying and selling; open only to members
(hypernym) workplace, work
(hyponym) commodity exchange, commodities exchange, commodities market
7. (sports) an unbroken sequence of several successive strokes; "after a short rally Connors won the point"
(synonym) rally
(hypernym) group action
(classification) badminton
8. reciprocal transfer of equivalent sums of money especially the currencies of different countries; "he earns his living from the interchange of currency"
(synonym) interchange
(hypernym) commerce, commercialism, mercantilism
(hyponym) conversion
(derivation) change, commute, convert
9. 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"
(synonym) substitution, commutation
(hypernym) change
(hyponym) replacement, replacing
10. (chess) gaining (or losing) a rook in return for a knight or bishop; "black lost the exchange"
(hypernym) capture
(classification) chess, chess game
11. (chess) the capture by both players (usually on consecutive moves) of pieces of equal value; "the endgame began after the exchange of queens"
(hypernym) capture
(classification) chess, chess game
Verb
1. give to, and receive from, one another; "Would you change places with me?"; "We have been exchanging letters for a year"
(synonym) change, interchange
(hypernym) transfer
(hyponym) sell
2. 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"
(synonym) change, commute, convert
(hypernym) replace
(hyponym) rectify
(verb-group) switch, shift, change
(derivation) interchange
3. change over, change around, or switch over
(synonym) switch over, switch
(hypernym) change by reversal, turn, reverse
(derivation) substitution, commutation
4. hand over one and receive another, approximately equivalent; "exchange prisoners"; "exchange employees between branches of the company"
(hypernym) transfer, reassign
(hyponym) alternate
(derivation) substitution, commutation
5. exchange a penalty for a less severe one
(synonym) commute, convert
(hypernym) change, alter, modify
Exchange
(v. i.)
To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.
(n.)
To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received.
(n.)
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.
(n.)
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.
(n.)
The thing given or received in return; esp., a publication exchanged for another.
(n.)
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.
(n.)
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.
(n.)
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.
(n.)
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.
(n.)
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.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
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