Meaning & Definition of Exchange in English

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"

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

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"

8. Reciprocal transfer of equivalent sums of money (especially the currencies of different countries)

• "He earns his living from the interchange of currency"

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"

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"

1. Give to, and receive from, one another

• "Would you change places with me?"

• "We have been exchanging letters for a year"

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"

3. Change over, change around, as to a new order or sequence

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"

6. Exchange a penalty for a less severe one