[verb] [T] - to change (something) for something else of a similar value or typeMy uncle bought me this shirt as a present but I don't like the colour, so is it possible to exchange it for a different one? [T]Every month the group meets so its members can exchange their views/opinions (= have a discussion). [T]Exchanging houses (= going to live in someone else's house while they live in yours) for a few weeks is a good way of having a holiday. [T]They exchanged words (= argued) but now they seem to be talking normally.
EXCHANGE
Meaning of EXCHANGE in English
Cambridge English vocab. Кембриджский английский словарь. 2012