Meaning & Definition of word "Exchange"
to
Exchange
/ɪksˈtʃeɪndʒ/
noun:
- 1. The act of giving something and receiving something else in return.
- Example: The exchange of gifts at the holiday party brought everyone together.
- 2. An agreement or system in which items, services, or information are traded.
- Example: The stock exchange is where shares of publicly held companies are bought and sold.
- 3. A reciprocal transfer of items or services.
- Example: They made an exchange of ideas during the meeting that improved the project.
verb:
- 1. To give something and receive something in return.
- Example: I will exchange my summer clothes for winter ones.
- 2. To substitute or replace one thing for another.
- Example: You can exchange your old phone for a discount on a new one.
- 3. To trade or swap items.
- Example: They decided to exchange their books at the local book fair.
Etymology
Middle English 'exchaunge', from Old French 'eschanger', from Latin 'exchangere'.
Common Phrases and Expressions
exchange ideas:
To share thoughts or opinions.
exchange of information:
The act of sharing knowledge or data between parties.
in exchange for:
As a replacement or compensation for something.
Related Words
transaction:
The act of conducting business or an exchange.
trade:
The action of buying and selling goods and services.
barter:
To exchange goods or services for other goods or services without using money.
Slang Meanings of exchange
Meaning: Hit me up later for a trade.
Example Sentence: Let's exchange some boosts for coins!
Meaning: Swapping games or items with friends.
Example Sentence: I’ll exchange my old comic books for your graphic novels.