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/ɪksˈtʃeɪndʒ/
Meaning & Definition
noun
The act of giving something and receiving something else in return.
The exchange of gifts at the holiday party brought everyone together.
An agreement or system in which items, services, or information are traded.
The stock exchange is where shares of publicly held companies are bought and sold.
A reciprocal transfer of items or services.
They made an exchange of ideas during the meeting that improved the project.
verb
To give something and receive something in return.
I will exchange my summer clothes for winter ones.
To substitute or replace one thing for another.
You can exchange your old phone for a discount on a new one.
To trade or swap items.
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
Hit me up later for a trade.
Let's exchange some boosts for coins!
Swapping games or items with friends.
I’ll exchange my old comic books for your graphic novels.