Exchange
[ɪks'tʃeɪndʒ;eks-] or [ɪks'tʃendʒ]
Definition
(noun.) (chess) the capture by both players (usually on consecutive moves) of pieces of equal value; 'the endgame began after the exchange of queens'.
(noun.) (chess) gaining (or losing) a rook in return for a knight or bishop; 'black lost the exchange'.
(noun.) reciprocal transfer of equivalent sums of money (especially the currencies of different countries); 'he earns his living from the interchange of currency'.
(noun.) the act of giving something in return for something received; 'deductible losses on sales or exchanges of property are allowable'.
(noun.) the act of changing one thing for another thing; 'Adam was promised immortality in exchange for his disobedience'; 'there was an interchange of prisoners'.
(noun.) a workplace for buying and selling; open only to members.
(noun.) a mutual expression of views (especially an unpleasant one); 'they had a bitter exchange'.
(noun.) chemical process in which one atom or ion or group changes places with another.
(verb.) give to, and receive from, one another; 'Would you change places with me?'; 'We have been exchanging letters for a year'.
(verb.) hand over one and receive another, approximately equivalent; 'exchange prisoners'; 'exchange employees between branches of the company'.
Checked by Amy--From WordNet
Definition
(n.) The act of giving or taking one thing in return for another which is regarded as an equivalent; as, an exchange of cattle for grain.
(n.) The act of substituting one thing in the place of another; as, an exchange of grief for joy, or of a scepter for a sword, and the like; also, the act of giving and receiving reciprocally; as, an exchange of civilities or views.
(n.) The thing given or received in return; esp., a publication exchanged for another.
(n.) The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange.
(n.) A mutual grant of equal interests, the one in consideration of the other. Estates exchanged must be equal in quantity, as fee simple for fee simple.
(n.) The place where the merchants, brokers, and bankers of a city meet at certain hours, to transact business. In this sense often contracted to 'Change.
(n.) To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received.
(n.) To part with for a substitute; to lay aside, quit, or resign (something being received in place of the thing parted with); as, to exchange a palace for cell.
(n.) To give and receive reciprocally, as things of the same kind; to barter; to swap; as, to exchange horses with a neighbor; to exchange houses or hats.
(v. i.) To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.
Checked by Leda
Synonyms and Synonymous
v. a. [1]. Barter, commute, swap, truck, change.[2]. Interchange, bandy, give and take reciprocally.
n. [1]. Barter, traffic, trade, commutation.[2]. Interchange, reciprocity.[3]. Bourse.
Typist: Serena
Synonyms and Antonyms
[See CHANGE]
Typed by Konrad
Definition
v.t. to give or leave one place or thing for another: to give and take mutually: to barter.—n. the giving and taking one thing for another: barter: the thing exchanged: process by which accounts between distant parties are settled by bills instead of money: the difference between the value of money in different places: the building where merchants &c. meet for business.—n. Exchangeabil′ity.—adj. Exchange′able that may be exchanged.—n. Exchan′ger one who exchanges or practises exchange: (B.) a money-changer a banker.
Typed by Lillian
Unserious Contents or Definition
Exchange, denotes profitable dealings in all classes of business. For a young woman to dream that she is exchanging sweethearts with her friend, indicates that she will do well to heed this as advice, as she would be happier with another.
Inputed by Estella
Examples
- It will by no means follow, however, that the real exchange was against it. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- Except bills of exchange, and some other mercantile bills, all other deeds, bonds, and contracts, are subject to a stamp duty. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- This bank was more liberal than any other had ever been, both in granting cash-accounts, and in discounting bills of exchange. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- Almost all countries exchange with one another, partly native and partly foreign goods. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- They appear to be lists of Stock Exchange securities. Arthur Conan Doyle. The Return of Sherlock Holmes.
- He was highly delighted, and the exchange was made, much, I believe, to the annoyance of Mr. Elliston, though I knew not why it grieved him. Harriette Wilson. The Memoirs of Harriette Wilson.
- He came and was put in my care for the purpose of a mutual exchange of ideas and for a report by me as to his competency in the matter. Frank Lewis Dyer. Edison, His Life and Inventions.
- In the English coin, it exchanges for about fifteen ounces, that is, for more silver than it is worth, according to the common estimation of Europe. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- We see this acted on by farmers and gardeners in their frequent exchanges of seed, tubers, etc. Charles Darwin. On the Origin of Species by Means of Natural Selection.
- This earned him the gratitude of the editors, a dinner, and all the newspaper exchanges he wanted. Frank Lewis Dyer. Edison, His Life and Inventions.
- Each firm had its own army of boys, numbering from twelve to fifteen, whose duties were to ascertain the latest quotations from the different exchanges. Frank Lewis Dyer. Edison, His Life and Inventions.
- He had, as you saw, the best of the first exchanges, but my self-respect and my reputation are concerned to fight it to a finish. Arthur Conan Doyle. The Return of Sherlock Holmes.
- The usual instrument of commerce having lost its value, no exchanges could be made but either by barter or upon credit. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- On the American stock exchanges one broker may specialize in the shares of the Union Pacific Railroad, for instance, another in those of the United States Steel Corporation, and so on. Various. The Wonder Book of Knowledge.
- The former now held out his hand to Harry Maylie; and hearty salutations were exchanged between them. Charles Dickens. Oliver Twist.
- The surplus part of them, therefore, must be sent abroad, and exchanged for something for which there is a demand at home. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- The rest must all be sent abroad, and exchanged for consumable goods of some kind or other. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- After that Archer was but intermittently aware of the remarks they exchanged. Edith Wharton. The Age of Innocence.
- No, he never exchanged a word with him, so far as I know. Arthur Conan Doyle. The Return of Sherlock Holmes.
- They sat wondering, in silence; or, if they exchanged a few words, spoke in whispers, as if they were afraid to hear the sound of their own voices. Charles Dickens. Oliver Twist.
- Mrs Clennam and Jeremiah had exchanged a look; and had then looked, and looked still, at Affery, who sat mending the stocking with great assiduity. Charles Dickens. Little Dorrit.
- Richard came back as we finished exchanging these hurried words and gave me his arm to take me to the coach. Charles Dickens. Bleak House.
- Mr. Bell would have had it keep still at exchanging wild-beast skins for acorns. Elizabeth Cleghorn Gaskell. North and South.
- Long banished Robinson Crusoe,' says the charmer, exchanging salutations, 'how did you leave the Island? Charles Dickens. Our Mutual Friend.
- In exchanging, indeed, the different productions of different sorts of labour for one another, some allowance is commonly made for both. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- What are the rules which men naturally observe, in exchanging them either for money, or for one another, I shall now proceed to examine. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- He did try to prevent the English from exchanging exports for European gold, while permitting imports in the hope of depleting England of gold. Walter Libby. An Introduction to the History of Science.
- Well, we shall see what good they will make by exchanging a fool for a wise man. Walter Scott. Ivanhoe.
Checked by John