exchange meaning and definition

EXCHANGE noun

Definition of exchange (noun)

1. chemical process in which one atom or ion or group changes places with another
2. a mutual expression of views (especially an unpleasant one)
   • "they had a bitter exchange"
3. the act of changing one thing for another thing
   • "Adam was promised immortality in exchange for his disobedience"; "there was an interchange of prisoners"
   • synonyms: interchange
4. the act of giving something in return for something received
   • "deductible losses on sales or exchanges of property are allowable"
5. a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
   • synonyms: central, telephone exchange
6. a workplace for buying and selling; open only to members
7. (sports) an unbroken sequence of several successive strokes
   • "after a short rally Connors won the point"
   • synonyms: rally
8. reciprocal transfer of equivalent sums of money (especially the currencies of different countries)
   • "he earns his living from the interchange of currency"
   • synonyms: interchange
9. the act of putting one thing or person in the place of another
   • "he sent Smith in for Jones but the substitution came too late to help"
   • synonyms: commutation, substitution
10. (chess) gaining (or losing) a rook in return for a knight or bishop
    • "black lost the exchange"
11. (chess) the capture by both players (usually on consecutive moves) of pieces of equal value
    • "the endgame began after the exchange of queens"

EXCHANGE verb

Definition of exchange (verb)

1. give to, and receive from, one another
   • "Would you change places with me?"; "We have been exchanging letters for a year"
   • synonyms: change, interchange
2. exchange or replace with another, usually of the same kind or category
   • "Could you convert my dollars into pounds?"; "He changed his name"; "convert centimeters into inches"; "convert holdings into shares"
   • synonyms: change, commute, convert
3. change over, change around, as to a new order or sequence
   • synonyms: switch, switch over
4. hand over one and receive another, approximately equivalent
   • "exchange prisoners"; "exchange employees between branches of the company"
5. put in the place of another; switch seemingly equivalent items
   • "the con artist replaced the original with a fake Rembrandt"; "substitute regular milk with fat-free milk"; "synonyms can be interchanged without a changing the context's meaning"
   • synonyms: interchange, replace, substitute
6. exchange a penalty for a less severe one
   • synonyms: commute, convert