exchange /iks-chānjˈ/

1. To give or give up in return for something else
2. To receive in return for something else (obsolete)
3. To give and take mutually
4. To barter
5. To change (obsolete)

To transfer in mutual ownership, position, etc

1. The giving and taking of one thing for another
2. Barter
3. The thing exchanged
4. A conversation or argument, esp a brief one
5. A process by which accounts between distant parties are settled by bills instead of money
6. Money-changing business, trade
7. Exchanging currency of one country for that of another (also foreign exchange)
8. The difference between the value of money in different places
9. A stock exchange, etc
10. The building or other place where merchants, etc meet for business
11. A central office where telephone lines are connected
12. A bar-room (old US sl)
13. In chess, the taking by both players of an opposing piece in consecutive moves
14. See Employment Service under employ

exchangeabilˈity noun

exchangeˈable adjective

That may be exchanged

exchangeˈably adverb

exchanˈger noun

1. A person who exchanges money, goods, etc, esp professionally
2. A moneychanger or banker (Bible)

exchangeable disk drive noun (computing)

A disk drive that can be removed for storage or use on the same or a compatible machine

exchange control noun

The official control of the level of a country's foreign exchange transactions so as to conserve its holding of foreign currency and to protect the stability of the national currency

exchange rate (or rate of exchange) noun

The ratio at which one currency can be exchanged for another

Exchange Rate Mechanism noun

A former arrangement to regulate exchange rate fluctuations between participating currencies in the EMS by fixing their rates, and limiting fluctuation, against the ECU (abbrev ERM)

exchange student or exchange teacher noun

A student or teacher spending some time at a school, college or university in a foreign country while one from that country attends his or her school, etc, or a school, etc in his or her country

exchangeˈ-traded fund noun (finance)

A type of investment fund that is administered so as to achieve the same return as a particular stock-market index (abbrev ETF)

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