ɪksˈtʃeɪndʒ n. & v. --n. 1
the act or an
instance of giving
one thing and receiving
another in
its place. 2 a the giving of
money for its
equivalent in the money of the
same or another
country. b the
fee or
percentage charged for
this. 3 the
central telephone office of a
district,
where connections are effected. 4 a place where merchants, bankers, etc.
gather to
transact business. 5 a an office where
certain information is
given or a service
provided, usu. involving
two parties. b an
employment office. 6 a
system of settling debts
between persons (esp. in
different countries)
without the
use of money, by bills of exchange (see BILL(1)). 7 a a
short conversation,
esp. a disagreement or quarrel. b a
sequence of letters between correspondents. 8
Chess the
capture of an
important piece (esp. a rook) by one
player at the
loss of a
minor piece to the opposing player. 9 (attrib.) forming
part of an exchange, e.g. of
personnel between institutions (an exchange student). --v. 1 tr. (often foll. by for)
give or
receive (one thing) in place of another. 2 tr. give and receive as equivalents (e.g. things or
people, blows, information, etc.); give one and receive another
of. 3 intr. (often foll. by with)
make an exchange. øexchange rate the
value of one
currency in terms of another. in exchange (often foll. by for) as a thing exchanged (for). øøexchangeable adj. exchangeability n. exchanger n. [ME f. OF eschangier f. Rmc (as
EX-(1), CHANGE)]
