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exchequer
excimer
excimer laser
excipient
excise (1)
excise (2)
exciseman
excision repair
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exchange offer
ex·change of·fer (plural ex·change of·fers)


noun 
Definition:
 
finance offer to exchange securities: an offer to exchange one financial instrument for another
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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