exchangen.
/ᵻksˈtʃeɪn(d)ʒ/, /ɛksˈtʃeɪn(d)ʒ/, U.S. /ɪksˈtʃeɪndʒ/, /ɛksˈtʃeɪndʒ/ I. The action or process of exchanging.
1. The action, or an act, of reciprocal giving and receiving:
a. of things in general. Proverb, exchange is no robbery.
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the world > time > change > exchange > [noun]
change?c1225
changingc1350
interchangingc1374
exchangec1384
permutationa1398
commutation1496
achange1530
chopping and changing1548
interchange1548
exchanging1553
promutation1560
intercourse1576
counterchange1579
chopping1581
counter-cambio?1592
interchangementa1616
commerce1631
swapping1695
barter1819
counterchanging1881
switching1904
va-et-vient1919
switch-around1981
c1384 G. Chaucer Hous of Fame ii. 189 Of loues moo eschaunges Then euer cornes were in graunges.
c1400 Test. Love (1560) i. 275/2 My moeble is insuffisaunte to countervayle the price of this jewell, or els to make the eschaunge.
1552 Act 5 & 6 Edw. VI c. 19 §1 To exchange gold for silver..so that no man..did take no profit for making such exchange.
1600 W. Shakespeare Much Ado about Nothing ii. i. 290 I giue away my selfe for you, and doate vpon the exchange . View more context for this quotation
1655 T. Fuller Church-hist. Brit. i. 31 In lieu of what he left behind him, (Exchange is no Robbery,) he carried along with him some of St. Alban's Dust.
1713 J. Addison Guardian No. 157 They lend their Corn; they make Exchanges.
1860 J. Tyndall Glaciers of Alps i. xxv. 182 The due exchange of loads having been made, we advanced upon the glacier.
1863 C. Dickens Let. 10 Mar. (1998) X. 222 Let us make an exchange of child-stories.
b. of goods, merchandize; = barter n.; in political economy often with wider sense of ‘commerce’.
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society > trade and finance > barter > [noun]
formanginga1300
nifferc1400
barteringc1440
roring1440
commutation1496
scorsing1509
chopping and changing1548
exchange1553
truck1553
block1568
bartery1570
chopping1581
scorse1590
barter1592
trucking1594
swap1625
truckage1641
truck trade1740
handling1850
1553 R. Eden in tr. S. Münster Treat. Newe India Pref. sig. aavijv Salomons factours for exchaunge of other marchaundyse.
1767 W. Blackstone Comm. Laws Eng. (new ed.) II. 446 If it be a commutation of goods for goods, it is more properly an exchange; but, if it be a transferring of goods for money, it is called a sale: which is a method of exchange introduced, etc.
1863 J. E. T. Rogers Man. Polit. Econ. (1876) xvii. 224 No one questions the natural rights of free exchange.
c. of prisoners of war.
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society > authority > punishment > imprisonment > prisoner > [noun] > exchange of prisoners
exchangec1374
c1374 G. Chaucer Troilus & Criseyde iv. 130 Yf þey wolde graunte..Theschaunge of her.
a1513 R. Fabyan New Cronycles Eng. & Fraunce (1516) I. ccxxxiii. f. clv Meanys was made vpon eyther syde for delyuerie & exchaunge of ye prysoners.
1611 J. Speed Hist. Great Brit. ix. v. 452/1 These two Chieftaines wearied with irksomnes of irons..made exchange the one for the other.
1698 Mem. E. Ludlow I. 109 Procuring my exchange for his two Sons.
1780 B. Lincoln in J. Sparks Corr. Amer. Revol. (1883) III. 96 An exchange, when made a prisoner, is one of the rights of a soldier.
1867 W. H. Smyth & E. Belcher Sailor's Word-bk. Exchange, a mutual agreement between contending powers for exchange of prisoners.
d. of blows, passes, strokes (in fencing, games, etc.), salutations.
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society > leisure > sport > types of play, actions, or postures > [noun] > actions
exchange1604
measuring cast1647
winner1811
glovework1822
piledriver1858
cockshot1861
legwork1868
footwork1871
winning stroke1884
teamwork1885
benching1904
three-sixty1927
wrong-footing1928
power play1932
major1951
sharpshooting1976
1604 W. Shakespeare Hamlet v. ii. 216 If Hamlet giue the first or second hit, Or quit in answere of the third exchange . View more context for this quotation
a1687 E. Waller Battle of Summer-Islands 111 Thus they parted, with exchange of harms.
1863 A. P. Stanley Lect. Jewish Church I. xiii. 302 We hear the exchange of salutations between the reapers and their master.
1882 Daily Tel. 18 July 2 This [game at tennis] fell to E. Renshaw after some good exchanges.
e. of military or naval commissions, etc. (see quot.). Also attributive, as in exchange system.
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1823 G. Crabb Universal Technol. Dict. Exchange between officers, who remove from one regiment to another, or from full pay to half pay, for which a consideration is usually given, called the Difference.
1834 F. Marryat Peter Simple II. xii. 189 Captain Falcon..received his commission that evening, and the next day the exchanges were made.
1867 W. H. Smyth & E. Belcher Sailor's Word-bk. Exchange, the removal of officers from one ship to another.
1875 Act 38 Vict. c. 16 Her Majesty may..authorise exchanges to be made from one regiment..to another regiment.
1875 Parl. Deb. 3rd Ser. 222 670/2 In the Artillery, Engineers, and Marines, they had from time immemorial had the Exchange system, yet they had never adopted the Purchase system.
f. in Chess, of pieces captured. to force the exchange: to play so as to compel your opponent to take one piece for another. to gain the exchange, to win the exchange, to lose the exchange: to take or lose a superior piece in exchange for an inferior.
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society > leisure > entertainment > pastimes > game > board game > chess > [noun] > strategy > specific strategies or tactics
unpinning1607
defence1614
fork1656
attack1733
backgame1750
castling1813
exchange1823
pin1868
fringe-variation1898
fidation1910
sacrifice1915
unpin1922
pawn storm1926
Siesta variation1935
liquidation1965
sac1965
1823 G. Crabb Universal Technol. Dict. at Chess Exchanges..often give the adversary an advantage.
1848 H. Staunton Chess-player's Handbk. (ed. 2) 21 When a player gains a Rook for a Bishop or a Knight, it is termed winning the exchange.
1865 Househ. Chess Mag. 34 This move loses, at least, the ‘exchange’.
1878 H. E. Bird Chess Openings 105 Black gains the exchange, and should win.
g. (to give, to have, to take, etc.) †by exchange, in exchange †of, for (something else).
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c1540 (?a1400) Destr. Troy 3182 Priam..may prestly suppose His suster to sese, sent by eschaunge.
1611 Bible (King James) Matt. xvi. 26 Or what shall a man giue in exchange for his soule? View more context for this quotation
a1616 W. Shakespeare Merry Wives of Windsor (1623) ii. ii. 225 There is money..spend all I haue, onely giue me so much of your time in exchange [printedenchange; 1630 exchange] of it. View more context for this quotation
1663 B. Gerbier Counsel to Builders 109 A very gainfull returne of Amber Greese and vendible commodities in exchange of Iron Tools.
1667 J. Dryden Indian Emperour v. ii. 65 O spare her Life, and in exchange, take mine.
1778 T. Jones Hoyle's Games Improved 147 You can get two Pieces in Exchange for your Queen.
1837 W. Irving Adventures Capt. Bonneville III. 193 Giving horses in exchange for the articles of which they stand in need.
2. Law. ‘A mutual grant of equal interests, the one in consideration of the other’ (Blackstone Comm. (1767) II. 323).
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1528–30 tr. T. Littleton Tenures (new ed.) f. vv In exchaunge it behoueth that the estates that both partyes haue in the landes so exchaunged be egall.
1642 tr. J. Perkins Profitable Bk. iv. §284. 126 Now is to shew in what time the estates of exchanges ought to be executed.
1805 W. Cruise Digest Laws Eng. Real Prop. V. 155 A husband and wife joined in exchanging lands which were the estate of the wife, with a stranger for other lands, and the exchange was executed.
1875 K. E. Digby Introd. Hist. Law Real Prop. x. 331 Conveyances by way of exchange.
3. † b. The profit obtained by a money-changer or moneylender. Obsolete.
a. The action of giving or receiving coin in return for coin of equivalent value either of the same or a foreign country, for bullion, or for notes or bills; a bargain respecting this; the trade of a money-changer. †bank of exchange: the office of a money-changer or banker.
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society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing
exchange1377
wisseling1463
money-changing1623
agiotage1726
agio1817
1335 Act 9 Edw. III stat. 2 c. 7 Et que table deschange soit a Dovorri & aillours, ou & qant il semblera a nos & a notre consail per faire eschange.]
1377 W. Langland Piers Plowman B. v. 249 Eschaunges and cheuesances with suche chaffare I dele.
c1405 (c1387–95) G. Chaucer Canterbury Tales Prol. (Hengwrt) (2003) l. 280 Wel koude he in eschaunge sheeldes [i.e. Fr. écus] selle.
1526 W. Bonde Pylgrimage of Perfection ii. sig. Hvv He maketh his banke & exchange with some ryche marchaunt.
1552 R. Huloet Abcedarium Anglico Latinum Exchaunge, wher as gayne or lucre is gotten at the second hande, promercium.
1574 J. Baret Aluearie E 360 The losse and decay for the exchange of some piece of gold or siluer. Collybus.
1576 W. Lambarde Perambulation of Kent 127 Not without good cause..hath Douer..beene..assigned by lawes of Parleament, as a speciall place for passage and eschaunge.
1611 R. Cotgrave Dict. French & Eng. Tongues at Change Banke of Exchange, or place wherein money is exchanged, and commodities bartered for.
1894 N.E.D. at Exchange Mod. I lost a good deal by the exchange of some 20-mark pieces that I brought home.
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society > trade and finance > management of money > income, revenue, or profit > profit > [noun] > profit made by moneylender
exchange1552
usury1567
procreatea1690
society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > money changer's establishment
wissel1482
exchange1552
bureau de change1853
1552 R. Huloet Abcedarium Anglico Latinum at Banqueter Or he that kepeth a banck of mony, of whome people doo borowe money vpon gayne, called exchaunge.
1751 Chambers's Cycl. (ed. 7) Exchange is also used for the profit, which a merchant..or broker makes of a sum of money received..Sometimes also used for the..profit allowed for the moneys advanced in any one's behalf.
4. † b. dry exchange (= Italian cambio secco, French change sec): a method of evading the laws against usury by means of fictitious bills of exchange. Obsolete.The expression (trockner Wechsel) still survives in German in the sense of a promissory note, i.e. a bill drawn by a person upon himself.
a. ‘That species of mercantile transactions by which the debts of individuals residing at a distance from their creditors are cancelled without the transmission of money’ (McCulloch), by the use of ‘bills of exchange’. par of exchange: the recognized standard value of the coinage of one country in terms of the coinage of another; e.g. (in 1894) £1 sterling at par = 25.221/ 2 francs French money. course of exchange, rate of exchange (see rate n.1 5b) (also simply exchange): (a) the price at which bills drawn in the currency of a foreign country may be purchased; (b) sometimes, the percentage by which this differs from par; e.g. ‘the (rate of) exchange has risen from 9½ to 10 p.c.’ arbitration of exchange: see arbitration n. 3.The simplest case of such a transaction is when two merchants in one place are respectively debtor and creditor for equal amounts to two merchants in a distant place. The two debts may be settled by the two creditors exchanging their claims; the process being that one of the creditors draws a ‘bill of exchange’ on his distant debtor, and sells it to his neighbour for its value in present money; the latter sends it as payment of his debt to his creditor, who thus obtains a claim upon a neighbour in exchange for his claim on a person at a distance. In practice the matter is much more complicated, and the term Bill of Exchange has acquired an extended signification from which the etymological notion has almost disappeared (see bill n.3 9). By writers on the theory of finance exchange is used for the whole system of transactions effected by ‘bills of exchange’, and is formally divided into Inland and Foreign Exchange. But in practice (except in the term bill of exchange itself) the word now almost exclusively means foreign exchange, and in this use has a mixed notion of sense 3; the price at which a bill drawn on a foreign country for a given amount may be bought being subject to variations, depending (1) on the varying relation in intrinsic value between the coins of the two countries; (2) on the varying demand for bills; and (3) on the length of time for which the bill has to run.Economic writers distinguish between the real par of exchange, which is the relation in intrinsic value existing between the coins of two nations, and the nominal or conventional par, which may for convenience be maintained at a fixed level. When the price that must be paid for a foreign bill exceeds par, the exchange is said to be against, or unfavourable to, the country in which the bill is drawn; when the price is below par, the exchange is in favour of that country.
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society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange
course of exchange1724
exchange rate1896
14851 [see sense 5].
1560 in Harl. Misc. (Malh.) II. 478 By this reformation of base monies..the accoumpte, which, by merchauntes, is called the Eschaunge, shall..aryse in estimation of the monies of Englande.
a1616 W. Shakespeare Taming of Shrew (1623) iv. ii. 90 I haue bils for monie by exchange From Florence, and must heere [at Padua] deliuer them. View more context for this quotation
a1627 J. Hayward Life & Raigne Edward Sixt (1630) 9 Hee was skilful in the exchange beyond the seas.
1690 J. Child Disc. Trade ix. 147 The course of the Exchange, is generally above the intrinsick value or Par of the Coins of foreign countries, we..lose by such Exchanges.
1692 J. Locke Some Considerations Lowering Interest 180 A Million then being to be returned from England to Holland in Money... This presently makes the Exchange very high.
1695 J. Locke Further Considerations conc. Raising Value of Money 17 Foreign Exchange is the paying of Money in one Country, to receive it in another.
1724 J. Swift Some Observ. Wood's Half-pence 10 This Difference is almost 35 per Cent. which is double to the highest Exchange of Money.
1776 A. Smith Inq. Wealth of Nations II. iv. iii. 307 The ordinary course of exchange might..be a tolerable indication of the ordinary state of debt and credit between [any two places].
1788 T. Jefferson Writings (1859) II. 468 In this paper, you will see the exchange of yesterday.
1861 G. J. Goschen Theory Foreign Exchanges 48 The limits within which the exchanges may vary..are on the one extreme, the par value, plus the cost of the transmission of bullion; on the other extreme, the par value, minus this identical sum.
1861 G. J. Goschen Theory Foreign Exchanges (1864) 75 The natural value of the rouble..would have been..5 per cent. below the nominal par of exchange.
1868 E. Seyd Bullion 394 The actual Mintage Par of Exchange between London and Paris is £1 = fcs. 25·2215..For all practicable purposes, however, we may call the Par of Exchange fcs. 25·22½ centimes.
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society > trade and finance > financial dealings > types of money-dealing > [noun] > use of bills of exchange > types of
re-exchange1480
dry exchange1485
recamby1489
rechange1489
redrawing1671
short-exchange1866
1485–6 Act 3 Hen. VII c. 5 Eny bargayne..by the name of drye exchaunge..be utterly voide.
1572 T. Wilson Disc. Vsurye (1584) 117 b The second kind [of exchange by bills]..called sicke and drie exchange..is practised when one doth borrowe money by exchange for a strange region, at longer or shorter distance of time, to serue his turne the rather thereby, not minding to make anie reall paiment abroad; but compoundeth with the exchanger to haue it returned backe againe, according as the exchange shall passe from thence to London, for such distance of time as they were agreed vpon.
1682 J. Scarlett Stile of Exchanges 266 Dry Exchanges consist in a giving of Monyes..but the repayment is to be made after a certain time in the same place where the Monyes was given, and such a sum certain over and above, as the giver of Monyes can get and agree for.
c. Arithmetic. (See quot.)
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1849 J. H. Freese Commerc. Class-bk. ii. 69.
1859 B. Smith Arith. & Algebra (ed. 6) 513 Exchange is the Rule by which we find how much money of one country is equivalent to a given sum of another country, according to a given course of Exchange.
5. = Bill of Exchange (see bill n.3 9). Still occasionally used in commercial correspondence. Also elliptical in first, second, or third of exchange (= French première, etc. de change).
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society > trade and finance > financial dealings > types of money-dealing > [noun] > use of bills of exchange
exchange1485
bill-broking1764
arbitrage1875
society > trade and finance > money > medium of exchange or currency > paper money > promissory notes or bills of exchange > [noun] > a promissory note or bill of exchange
exchange1485
bill1579
bill1613
hundi1619
assignment1622
cambio1645
note1653
order1673
bank bill1682
banknote1695
assignation1704
promissory note1710
note of hand1728
stiff1823
time bill1842
PO1861
marker1887
1485 W. Caxton tr. Paris & Vienne (1957) 49 He had receyued the eschaunge that vyenne had sente hym.
1485 W. Caxton tr. Paris & Vienne (1957) 48 She sendeth to you an eschaunge of thre thousand floryns.
1894 N.E.D. at Exchange Mod. (Form of Foreign Bill.) Sixty days after sight of this Second of Exchange (First and Third unpaid) pay to the order of, etc.
6. In senses more correctly expressed by change n.: (a) substitution of one person or thing for another; †(b) variation of conduct, etc. (obsolete); †(c) transmutation; mutation, alteration (obsolete).
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1393 J. Gower Confessio Amantis III. 351 I se the world stond ever upon eschaunge.
c1420 Pallad. on Husb. i. 236 Preve eke the unpreved grene afore eschaunge.
c1430 J. Lydgate Dispraise of Women xii These women..Most loue eschaunge and doublenes.
1548 E. Gest Treat. againste Masse sig. Bviiv No more can thee bread be christes body wythoute the exchaunge of the matter therof unto the sayd body.
1572 R. Harrison tr. L. Lavater Of Ghostes ii. xvi. 165 The exchaunge of Empires, and of other things, are in his power.
1589 G. Puttenham Arte Eng. Poesie iii. xv. 142 Your figures that worke auricularly by exchange..vsing one case for another, or tense, or person.
1598 W. Shakespeare Love's Labour's Lost iv. ii. 42 The polusion holdes in the Exchange . View more context for this quotation
1859 J. M. Jephson & L. Reeve Narr. Walking Tour Brittany 235 At the only inn..everything was in comfortless confusion, arising from an exchange of tenants.
II. Something offered in exchange.
7.
a. A person or thing that is offered or given in exchange or substitution for another.
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the world > time > change > exchange > [noun] > person or thing exchanged
pricea1300
botchmenta1425
changinga1425
exchange1490
tit for tat1546
changeling?1548
some and some1573
tip for tap1573
quid pro quo1816
1490 in T. Stapleton Plumpton Corr. (1839) 100 They will take yt in ferme, or els make yt exchaunce with you of lands lyeing in Yorkshire.
1608 W. Shakespeare King Lear xx. 266 A plot vpon her vertuous husbands life, And the exchange my brother. View more context for this quotation
1608 W. Shakespeare King Lear xxiv. 95 Ther's my exchange [sc. a glove] . View more context for this quotation
1669 Ld. Orrery Parthenissa VI. iii. v. 63 Having avowedly in his power a sufficient Exchange for him.
1697 J. Dryden Ded. Georgics in tr. Virgil Wks. sig. ¶2v The respect and love which was paid you..was a wise exchange for the honours of the Court.
b. A newspaper sent to the office of another newspaper in exchange for the latter. Also attributive.
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society > communication > journalism > journal > newspaper > [noun] > other types of newspaper
gazette1607
contemporary1670
packet1678
exchange1798
funny paper1837
blanket sheet1839
broadsheet1840
special1861
cocoa press1907
bladder1936
regional1958
electronic paper1967
free1982
1798 Deb. Congr. U.S. 27 Mar. II. 1318/2 The great number of exchange papers which pass between the printers of newspapers.
1836 (U.S.) Public Documents (1837) I. 545 The object of authorizing printers' exchange-papers to pass in the mails free of postage, would be further promoted by extending the privilege to exchanges with printers in foreign countries.
1837 in Canad. Hist. Rev. (1938) XIX. 15 Nineteen-twentieths of our exchanges are printed on a fairer quality [paper].
1848 Yale Literary Mag. 14 47 Our exchanges.
1851 Yale Literary Mag. 16 372 No Exchanges have come to hand.
1886 Christian Life 23 Jan. 37/3 ‘The pulpit and the people are rising out of the superstitions into the real religion’—so remarks an exchange.
III. A place of exchange.† 9. A money-changer's establishment or office.
8. King's or Queen's Exchange: see quot.
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1601 Queen Elizabeth I Let. base Moneys in T. Stafford Pac. Hib. 149 We require you..to giue all attention of it..[by] bringing in all others according to the course of Our Exchange, which by Our Proclamation you may perceiue that wee haue instituted.
1614 W. Camden Remaines (rev. ed.) 204 The King..was enforced to call in the old money..and to erect Exchanges where the weight of old money was exchanged for new.
1706 Phillips's New World of Words (new ed.) The Queen's Exchange.
1751 Chambers's Cycl. (ed. 7) (at cited word) The King's Exchange or the place appointed by the king for exchange of plate, or bullion for the king's coin.
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a1569 A. Kingsmill Most Excellent & Comfortable Treat. (new ed.) (1585) A iij To lay it [a talent] with you in exchange and banke.
1575 G. Fenton Golden Epist. f. 42 He whipped out the Usurers, reuersed their exchaunges, and dispersed their treasors.
10. figurative.1628 J. Earle Micro-cosmogr. liii. sig. I11v It [Pauls Walke] is the great Exchange of all discourse.1642 J. Denham Cooper's Hill 12 His [Thames'] faire bosome is the worlds Exchange.1793 E. Burke Corr. (1844) IV. 196 Sir Gilbert Elliot is not found in a common shop of the diplomatic exchange.1886 D. C. Murray Cynic Fortune vi Fairy banknotes which are only valuable at the Exchange of Fancy.
a. A building in which the merchants of a town assemble for the transaction of business. Cf. burse n. 3b, change n. 2.The ‘Burse’ or Exchange built in London by Sir T. Gresham in 1566 received from Queen Elizabeth the name of Royal Exchange, which is retained by the present building. Gresham's building is in 17th cent. sometimes called the Old Exchange, to distinguish it from the New Exchange, i.e. ‘Britain's Burse’.
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society > trade and finance > trading place > a centre of commerce > [noun] > place where merchants meet
change1317
burse1553
exchange1589
rialto1600
trades hall1700
trade hall1822
bourse1845
1589 ‘Pasquill of England’ Returne of Pasquill sig. Aij I little thought to meete thee so suddainly vpon the Exchange.
1593 J. Norden Speculum Brit.: Middlesex i. 35 Sir Thomas Gresham..named it the Burse, whereunto afterward Queene Elizabeth gave the name of Royall Exchange.
a1610 J. Healey tr. Epictetus Manuall (1636) 39 You cannot builde it a schoole, an Exchange, or a bathe.
1611 T. Coryate Crudities sig. E5 As for their Exchang [sic] where they sell many fine and curious things, there are two or three prety walks in it.
a1640 P. Massinger City-Madam (1658) i. i. 128 Being forc'd to fetch these from the Old Exchange, These from the Tower, and these from Westminster.
1710 London Gaz. No. 4708/4 Inquire at the..Royal Exchange East Country-Walk in Exchange Time.
1717 Lady M. W. Montagu Let. 17 May (1965) I. 359 Behind the Mosque is an Exchange full of shops.
1790 J. Willock Voy. diverse parts ix. 298 The exchange [Königsberg] is a beautiful edifice.
1846 C. Dickens Dombey & Son (1848) iv. 24 The Royal Exchange was close at hand.
b. Preceded by some defining word that indicates a special branch of business: as coal-exchange, corn-exchange, hop-exchange, stock-exchange, wool-exchange, for which see those words.
c. = telephone exchange n. at telephone n. Compounds 3.
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society > communication > telecommunication > telegraphy or telephony > telephony > telephone equipment > [noun] > exchange
telephone exchange1878
local exchange1879
call office1882
central1883
exchange1887
private branch exchange1904
PBX1914
zone centre1934
1887 J. M. W. Yerrington Trial H. K. Goodwin 11 Mr. Swan..became engaged in the telephone business..having charge of the Lawrence Exchange.
1888 Encycl. Brit. XXIII. 133/2 In a large town it is neither practicable nor desirable to connect each subscriber directly with all the other subscribers, hence a system of ‘exchanges’ has been adopted.
1921 Dict. Occup. Terms (1927) § 756 Exchange attendant (Post Office); agrees to provide accommodation for small telephone exchange on his own premises and acts as telephonist.
1938 D. Du Maurier Rebecca xxv. 428 Something was buzzing in the telephone. I heard Beatrice shouting, ‘Hullo, hullo, don't cut us off, exchange,’ and then there was a click, and silence.
11. U.S. A dram-shop.
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1882 G. A. Sala Amer. Revisited II. ii. 13 here [i.e. in New Orleans] the dram shops are called ‘exchanges’.
12. spec. used attributively to denote a reciprocal arrangement whereby two teachers, students, etc., occupy each other's position for a limited period of time; also designating one of the two parties in such an arrangement.
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1912 Nation 6 June 555 The system of ‘exchange professors’ between France and the United States.
1934 H. Miller Tropic of Cancer 265 I had been offered a trivial post as exchange professor of English, one of those Franco-American amity arrangements.
1936 L. C. Douglas White Banners viii. 164 Springer of Cambridge..had just arrived as an exchange lecturer.
1953 D. Parry Going up—Going Down ii. 51 I might begin with an exchange-fellowship at Yale or Harvard.
1959 Listener 26 Feb. 364/1 Nowadays, more emphasis is placed on teaching foreign languages phonetically and on trying to tie lessons in with exchange visits of pupils abroad.
1960 Encounter Mar. 77/1 Young exchange students.
1966 J. Caird Perturbing Spirit xxiii. 253 She'd got an exchange teaching job for a year to the U.S.A.
1967 Guardian 29 May 8/5 British exchange teachers in the United States, and vice versa, are tax exempt.
Compounds
C1. General attributive.
a. (In sense 6.)
exchange-time n.
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1710 London Gaz. No. 4708/4 In Exchange Time.
b. (In senses 3, 4.)
exchange-bank n.
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1535 Bible (Coverdale) Luke xix. 23 Wherfore than hast thou not delyuered my money to the exchaunge banke.
exchange-broker n.
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society > trade and finance > financial dealings > types of money-dealing > [noun] > use of bills of exchange > one dealing in bills of exchange
banker1484
change broker1683
exchange-broker1704
cambist1809
bill-broker1833
note broker1853
arbitrageur1870
arbitragist1881
arb1983
1704 Cocker's Eng. Dict. App. Exchange Brokers, men that tell how the Exchange of Money goes, and finds those that will Exchange.
exchange-office n.
ΚΠ
1863 H. Fawcett Man. Polit. Econ. iii. ix. 416 A person wishing to exchange English money for French money goes to an exchange office in London.
exchange-shop n.
ΚΠ
1631 T. Powell Tom of All Trades 48 A pretty way of breeding young Maides in an Exchange shop, or St. Martins le grand.
C2. † exchange-man n. Obsolete (a) a merchant on Change; (b) a shopkeeper at the ‘New Exchange’. † exchange-wench n. Obsolete a shopwoman at the ‘New Exchange’.† exchange-woman n. Obsolete = exchange-wench n.
exchange-cap n. (see quot.).
ΚΠ
1874 E. H. Knight Pract. Dict. Mech. I. 815/1 Exchange-cap, a fine quality of paper..used for printing bills of exchange, etc.
exchange clearing n. a method of bilateral payment through central banks.
ΚΠ
1934 P. Einzig Exchange Control xiii. 138 It is difficult even to get an adequate answer to the question as to what Exchange Clearing really is. Some people simply class it with exchange restrictions. Technically, they are right, for the act of compelling importers to pay the purchase price to the Central Bank instead of..to their creditors undoubtedly interferes with..exchange operations.
exchange control n. governmental control of purchases of foreign currency and of transfer of currency to foreign countries.
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [noun] > other aspects of money dealing
intromission1567
bargain and sale1602
transferability1776
exchange control1931
ratissage1957
fix1965
money laundering1974
1931 Times 5 Dec. 16/3 The Financial Committee and the Economic Committee of the League of Nations have placed the question of foreign exchange control on their agenda.
1932 Times 1 Apr. 12/4 Concern is expressed..over the consequences of the exchange control measures and counter-measures in and around Austria.
1934 L. Robbins Great Depression viii. 179 A régime of this sort must necessitate the most extensive measures of exchange control.
exchange editor n. ‘an editor who inspects, and culls from, periodicals, or exchanges, for his own publication’ (Webster).
ΚΠ
1877 Harper's Mag. Dec. 53/2 An ‘exchange’ editor, whose duty it is to read the hundreds of papers sent in from outside towns [etc.].
exchange force n. Physics an assumed force between atomic particles responsible for the exchange of charges or other co-ordinates.
ΚΠ
1934 Nature 30 June 981/1 The possibility of deducing the exchange forces between neutrons and protons.
1962 Gloss. Terms Nucl. Sci. (B.S.I.) 44 Exchange force, a type of force, acting between two particles, the mathematical expression of which involves an interchange of their coordinates. Such forces are thought to act between nucleons.
ΚΠ
1631 J. Done Polydoron sig. E10v There are 3 sorts of honest men, viz. your exchangeman for the bearing up of his credit, [etc.].
1783 Ainsworth's Thes. Linguæ Latinæ (new ed.) ii Nūgĭvendus..an exchange-man, or milliner.
exchange newspaper n. = sense 7 b.
ΚΠ
1855 Knickerbocker Mag. 45 244 Are there not piles and piles of exchange newspapers lying on the table?
exchange paper n. (see sense 7b above).
exchange rate n. = rate n.1 5b (cf. rate of exchange under 4a).
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange
course of exchange1724
exchange rate1896
1896 R. Barclay Disturb. Stand. Value (ed. 2) v. 134 The silver equivalents of the gold prices..would fall in view of the difference in exchange rates.
1928 Britain's Industr. Future (Liberal Industr. Inq.) v. xxviii. 413 Stable foreign exchange-rates are not enough.
exchange transfusion n. the removal of some of a person's blood with the simultaneous transfusion of other (normal) blood.
ΚΠ
1946 Jrnl. Laboratory & Clinical Med. 31 1017 The main obstacle to the successful performance of an exchange transfusion in infants is not the injection but the process of withdrawal, which is hampered by the coagulation of the infant's blood.
1963 Lancet 12 Jan. 86/1 For some years the umbilical vein in the umbilical cord has been used for exchange transfusions.
1970 Glasgow Herald 19 Nov. 1/7 Because of the deterioration of the sugar in the blood it was decided, after consultation, to carry out an exchange blood transfusion.
exchange-value n. = exchangeable value n. at exchangeable adj. 2.
ΘΚΠ
society > trade and finance > monetary value > [noun] > value judged by price of other equivalent goods
exchangeable value1776
exchange-value1869
1869 H. Fawcett Man. Polit. Econ. (ed. 3) i. i. 7 Exchange value is the characteristic which stamps a commodity with the attribute of wealth.
ΚΠ
1683 England's Vanity 32 Every Exchange-Wench is usher'd in by them [Pearles] into her stalls.
1707 C. Cibber Double Gallant (ed. 2) iv. 50 To treat a Woman of Quality like an Exchange Wench.
ΚΠ
1697 C. Cibber Womans Wit ii. 12 Your Ladyship's being out of Humour with the Exchange Woman, for Shaping your Ruffles so Odiously..made you a little too reserv'd.
Draft additions 1993
An alternation of statements or responses in the course of a conversation; an interlocution. Also (usually in plural), a conversation, dialogue, or argument.
ΘΚΠ
the mind > language > speech > conversation > [noun] > exchange of words
give and take1837
pat-ball1927
ping-pong1934
exchange1939
back-and-forth1941
1863 [see sense 1d].
1939 P. G. Wodehouse Uncle Fred in Springtime i. 16 Horace, who had been listening to these philosophical exchanges with some impatience, intervened.
1966 B. Malamud Fixer iv. ii. 123 Marfa had listened intently to the exchange between the men.
1970 D. Jacobson Rape of Tamar xii. 147 Perhaps the strangest thing about exchanges of this kind, which have become very common between them, is that they both mean what they say.
1981 C. Priest Affirmation xiv. 125 I was aware..that Seri and Lareen were speaking to each other: polite exchanges and pleasantries, places for Seri to visit on the island, an hotel she might stay in.
Draft additions 1993
Medicine. An amount of a given foodstuff containing specified quantities of fat, protein, and carbohydrate, considered as a replacement for an equivalent quantity of another foodstuff which is excluded from the diet of a diabetic; also, the quantity of fat, protein, or carbohydrate specified.
ΘΚΠ
the world > food and drink > food > food otherwise characterized > [noun] > substitute food or ingredient > specific for diabetic
exchange1949
the world > food and drink > food > [noun] > food in terms of quality or quantity > specific quantity of carbohydrate, fat, or protein
exchange1984
1949 Proc. Amer. Diabetic Assoc. 9 403 Foods were arranged in the groups listed below and units or ‘exchanges’ in each group were assigned the food values shown in Table I.
1950 Jrnl. Amer. Diabetic Assoc. 26 576/1 The objectives..were to prepare a set of representative values suitable for use in dietary calculation and to develop a simplified method for planning the diet, including several ‘exchange lists’ of foods of similar food value.
1960 A. Marble in R. H. Williams Diabetes xxxiii. 456 The physician directs the patient as to the number of exchanges to take from the various lists.
1984 Balance Oct. 5/4 As a rough guide, each of the following contains one exchange or portion (ie 10 g of carbohydrate): two teaspoons of sugar or glucose, two boiled sweets, [etc.].
1987 C. Kilo et al. Diabetes xv. 158 One exchange of milk contains 12 grams of carbohydrate.
Draft additions 1993
Exchange Rate Mechanism n. a method of stabilizing exchange rates within the European Monetary System, by which the currencies of some EC countries are linked to the ECU to limit excessive exchange-rate fluctuations; abbreviated ERM n. at E n.1 Initialisms.
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange > determination of
Arbitration of Exchange1811
Exchange Rate Mechanism1978
ERM1982
1978 Financial Times 6 Dec. 2/6 Following are the main points of the official communiqué issued by the European Council yesterday..announcing details of the planned European Monetary System (EMS)... The ECU will be used..as the denominator..for the exchange rate mechanism.
1991 Economist 29 June 27/1 Sterling's membership of the exchange-rate mechanism was acceptable at the current wide 6% band because ‘it is in a way like anchoring something to the gold standard’.
This entry has not yet been fully updated (first published 1894; most recently modified version published online March 2022).
exchangev.
/ᵻksˈtʃeɪn(d)ʒ/, /ɛksˈtʃeɪn(d)ʒ/, U.S. /ɪksˈtʃeɪndʒ/, /ɛksˈtʃeɪndʒ/ 1. † c. To obtain (something) in exchange for.
a. transitive. To change away; to dispose of (commodities, possessions, etc.) by exchange or barter; to give, relinquish, or lose (something) whilst receiving something else in return. Also absol.
ΘΚΠ
society > trade and finance > barter > [verb (transitive)] > dispose of by barter
exchange1483
chaffer1530
to chop away1554
swap1590
truck1686
to barter away1690
1483 W. Caxton tr. A. Chartier Curial sig. v They selle bye or eschange somtyme theyr rentes or propre vestementis.
1545 Act 37 Hen. VIII c. 9 §5 The Wares..so bargained, sold, exchanged or shifted.
1611 Bible (King James) Ezek. xlviii. 14 They shall not sell of it, neither exchange, nor alienate the first fruits of the land. View more context for this quotation
1808 Hoyle's Game of Chess 19 When you have two pawns on a front line neither should be pushed forward until the adversary proposes to exchange.
1808 Hoyle's Game of Chess 19 Strive to capture or exchange those men which would prevent it [a direct attack].
1835 I. Taylor Spiritual Despotism ii. 30 Difficulties that may be exchanged sooner than avoided.
b. With for (†with) before the thing taken in exchange. In modern use also with against (? after French contre). Also absol.
ΘΚΠ
society > trade and finance > barter > [verb (transitive)]
interchangec1374
changea1382
barterc1440
corsec1440
rore1440
truckc1440
coss14..
scorse1509
chafferc1535
to chop and change1549
chop1554
cope1570
excourse1593
swap1594
coupc1610
exchange1614
to trade off1676
rap1699
dicker1864
horse-trade1924
society > trade and finance > financial dealings > types of money-dealing > [verb (transitive)] > exchange
changec1400
wissel1483
rechange1551
exchange1614
1614 W. Camden Remaines (rev. ed.) 204 The King..was enforced to call in the old money..and to erect Exchanges where the weight of old money was exchanged for new.
a1616 W. Shakespeare Cymbeline (1623) i. v. 55 To shift his being, Is to exchange one misery with another. View more context for this quotation
1621 H. Ainsworth Annot. Five Bks. Moses & Bk. Psalmes Gen. xxii. (heading) Isaak is exchanged with a ram.
1680 R. Morden Geogr. Rectified (1685) 77 The Commodities that the Turks exchange for with the Inhabitants are Slaves.
a1704 J. Locke Two Treat. Govt. II. §46 Exchange his sheep for shells, or wool for a sparkling pebble.
1783 W. Thomson in R. Watson & W. Thomson Hist. Reign Philip III v. 314 He burned with impatience to exchange the luxury of a palace for the dangers and hardships of the field.
1833 H. Martineau Berkeley the Banker i. iv. 74 When men used to exchange wheat against bullocks.
1868 J. E. T. Rogers Man. Polit. Econ. (ed. 3) iii. 22 Where dealings are transacted on a large scale, it is not difficult for commodities to be exchanged against commodities.
1874 J. R. Green Short Hist. Eng. People iii. §3. 123 The vague expressions of the older charters were now exchanged for precise and elaborate provisions.
ΚΠ
1598 W. Shakespeare Love's Labour's Lost iv. i. 81 What, shalt thou exchange for raggs roabes. View more context for this quotation
a1599 E. Spenser Canto Mutabilitie vi. vi, in Faerie Queene (1609) sig. Hh4v Ne shee the lawes of Nature onely brake, But eke of Iustice..And death for life exchanged foolishlie.
2. To give and receive reciprocally; to make an exchange of; to interchange. Const. singular or plural object with (a person).
ΘΚΠ
the world > time > change > exchange > exchange, change for [verb (transitive)] > interchange
changec1300
interchangec1374
exchange1604
reciprocate1611
alternatea1711
counterchange1728
1604 W. Shakespeare Hamlet v. ii. 281 Exchange forgiuenesse with me noble Hamlet. View more context for this quotation
a1616 W. Shakespeare Winter's Tale (1623) iv. iv. 278 She wold not exchange flesh with one that lou'd her. View more context for this quotation
a1648 Ld. Herbert Life (1976) 69 Purposing to Exchange a Pistoll Shott or two with the first I mett.
1698 Mem. E. Ludlow (1721) I. 47 The great Shot was exchanged on both sides for the space of an Hour.
1711 J. Addison Spectator No. 12. ¶2 I do not remember that we have exchang'd a Word together these Five Years.
1797 A. Radcliffe Italian I. vii. 191 Would we could exchange natures with him for a moment.
1832 H. Martineau For Each & All vi. 79 They exchanged smiles, and understood one another immediately.
1846 H. H. Wilson Hist. Brit. India 1805–35 II. x. 417 No engagements of allegiance or protection had ever been exchanged.
1855 T. B. Macaulay Hist. Eng. III. 5 Blows were exchanged.
3. Military and Navy.
a. To give up a prisoner to the enemy in return for one taken by them.
ΘΚΠ
society > armed hostility > victory > make victorious [verb (transitive)] > exchange prisoner of war
exchange1726
1726 N. Tindal tr. P. Rapin de Thoyras Hist. Eng. (ed. 2) I. 207/2 Matilda..consented he should be exchanged for the King.
1853 J. H. Stocqueler Mil. Encycl. 220/1 Prisoners of War..are deprived of their liberty until regularly exchanged.
1860 T. D. Woolsey Introd. Internat. Law §146. 336 Prisoners are generally exchanged within the same rank man for man.
b. absol. To pass, by exchange with another officer, from or out of one regiment or ship into another. Cf. exchange n. 1e.
ΚΠ
1787 Ld. Nelson 10 July in Dispatches & Lett. (1845) I. 243 Lieutenant Hope wished to exchange out of the Pegasus into the Boreas.
1875 Gathorne Hardy Speech House of Commons 22 Feb. A poor man may find himself in positions where he could not exchange.
1875 Trevelyan Speech House of Commons 22 Feb. The officer above them who refuses to exchange out of the battalion.
4. intransitive. Chiefly of coin: To be received as an equivalent for.
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [verb (intransitive)] > exchange
exchange1776
arbitrage1923
1776 A. Smith Inq. Wealth of Nations I. i. xi. 244 In 1695..the value of the silver coin was not kept up by the gold coin; a guinea then commonly exchanging for thirty shillings of the worn and clipt silver. View more context for this quotation
1848 J. S. Mill Princ. Polit. Econ. iii. iii. §2 Demand and supply always rush to an equilibrium, but the condition of stable equilibrium is when things exchange for each other according to their cost of production.
1890 Sat. Rev. 3 May 531/2 An English sovereign exchanged a little while ago for thirteen rupees.
5. transitive. = change v. 9. Also to exchange into = change v. 9d.The first quot. may belong to change v.; schaungen appears among the forms of that word in 14th cent.
ΘΚΠ
the world > time > change > change to something else, transformation > transform [verb (transitive)]
wendOE
forshapeOE
workOE
awendOE
makec1175
turna1200
forwenda1325
change1340
shape1362
transmewc1374
transposec1380
puta1382
convertc1384
exchangea1400
remue?a1400
makea1425
reduce?a1425
removec1425
resolvea1450
transvertc1450
overchangec1480
mew1512
transmutea1513
wring1524
reduct1548
transform1556
innovate1561
metamorphose1576
transume1579
metamorphize1587
transmove1590
transchangea1599
transfashion1601
deflect1613
fordo1624
entail1628
transmutate1632
distila1637
to make much (also little, something, nothing, etc.) of1637
transqualify1652
unconvert1654
simulate1658
spend1668
transverse1687
hocus-pocus1774
mutate1796
fancy1801
to change around1871
metamorphosize1888
catalyse1944
morph1996
the mind > possession > acquisition > obtain or acquire [verb (transitive)] > obtain in return or exchange
recovera1413
exchange1592
a1400 (a1325) Cursor Mundi (Gött.) l. 479 Fra þan his [sc. Lucifer's] name schangid was, Now es he cald foule sathanas.
1548 E. Gest Treat. againste Masse sig. Bviiv Can it be hys bodye, onles it be exchaunged into it?
1592 A. Day Eng. Secretorie (rev. ed.) i. sig. Y2 But..as it much differeth..from the other, is also alike exchaunged by title, that one tearmed..Friendship, and this other..loue.
1609 W. Shakespeare Sonnets cix. sig. G3v I returne againe, Iust to the time, not with the time exchang'd . View more context for this quotation
This entry has not yet been fully updated (first published 1894; most recently modified version published online March 2022).
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n.c1374v.a1400