Meaning of EXCHANGE in English

EXCHANGE

■ verb give something and receive something else, especially of the same kind, in return.

■ noun

1》 an act or the action of exchanging.

2》 a short conversation or argument.

3》 the changing of money to its equivalent in the currency of another country.

↘a system or market in which commercial transactions involving currency, shares, etc. can be carried out within or between countries.

↘a building or institution used for the trading of commodities.

4》 a telephone ~.

5》 Chess a move or short sequence of moves in which both players capture material of comparable value.

Phrases

~ contracts Brit. (of a buyer) sign a legal contract with the vendor of a property or piece of land, making the purchase legally binding and enforceable.

Derivatives

~ability noun

~able adjective

~r noun

Origin

ME: from OFr. eschange (n.), eschangier (v.), based on changer (see change ).

Concise Oxford English vocab.      Сжатый оксфордский словарь английского языка.