Definition of "exchange" in English

noun

1. 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.

2. A place for conducting trading.

   • The stock exchange is open for trading.
   • The old corn exchange has been converted into a music venue.

3. (telephony) Ellipsis of telephone exchange.

4. A conversation.

   • After a lengthy exchange with the manager, we were no wiser.

5. (chess) The loss of one piece and associated capture of another.

6. (obsolete) The thing given or received in return; especially, a publication exchanged for another.

7. (biochemistry) The transfer of substances or elements like gas, amino-acids, ions etc. sometimes through a surface like a membrane.

8. (finance) The difference between the values of money in different places.

9. (law, England and Wales, Northern Ireland) Clipping of exchange of contracts.

verb

1. (transitive) To trade or barter.

   • I'll gladly exchange my place for yours.

2. (transitive, figurative) To mutually direct at each other.

   • The opposing soldiers exchanged fire across the burning streets.

3. (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.

4. (law, England and Wales, Northern Ireland) Clipping of exchange contracts.

5. (transitive) To recommend and get recommendations.