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exchange controls
exchange efficiency
exchange equalization account
exchange force
exchange of assets
exchange of stock
exchange offer
exchange particle
exchange privilege
exchange rate
Exchange Rate Mechanism
exchange rate risk
exchange student
exchangeable security
exchequer
excimer
excimer laser
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exchange privilege

ex·change priv·i·lege


noun 
Definition:
 
right to switch mutual funds: a right available with a family of funds to transfer invested funds from one fund to another without fee or restriction

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