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exchange particle
exchange privilege
exchange rate
Exchange Rate Mechanism
exchange rate risk
exchange student
exchangeable security
exchequer
excimer
excimer laser
excipient
excise (1)
excise (2)
exciseman
excision repair
excitable
excitant
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exchange

ex·change [ iks cháynj ]


verb  (past and past participle ex·changed, present participle ex·chang·ing, 3rd person present singular ex·chang·es)
Definition:
 
1. transitive verb give something and get something: to give something and receive something different in return
exchange land for peace
exchange tokens for cash

2. transitive and intransitive verb swap: to give something and receive another of the same or an equivalent in return
exchange glances

3. transitive verb replace something: to hand something over and receive as a replacement something more suitable or more satisfactory
exchanged her coat for one a size smaller

4. transitive verb chess take piece of similar value: in chess, to take a piece in return for one, usually of similar value, that an opponent has just taken or will soon take



noun  (plural ex·chang·es)
Definition:
 
1. finance building used for commercial activities: a building used as a center for the trading of commodities, securities, or other assets, or the market operating there

2. giving and receiving: the action or process or an instance of exchanging something for something else or for something the same
an exchange of compliments

3. argument: a short conversation, often between two people or groups who are angry
a bitter exchange

4. something given or received: something given or received in place of another

5. finance system of payments: a system of payments in which commercial documents such as bills of exchange are used instead of money

6. finance money transfer between two currencies: the transferring or a transfer of equal amounts of money between two currencies

7. finance fee for payment: the percentage or fee that is charged when paying in commercial documents instead of money

8. telecommunications 
Same as  telephone exchange


9. chess taking of chess pieces: the taking of chess pieces of similar value by each player in consecutive or nearly consecutive moves

10. physics transfer of particle: the transfer of an elementary particle of one type between two others of a different type, creating a force

[14th century. < Old French< assumed Vulgar Latin excambiare< late Latin cambiare "barter" (see change)]

ex·change·a·bil·i·ty [ iks chàynjə bíllətee ] noun
ex·change·a·ble adjective
ex·chang·er noun
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