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  1. EXCHANGE definition: 1. the act of giving something to someone and them giving you something else: 2. a short…. Learn more.

  2. a. : funds payable currently at a distant point either in a foreign currency or in domestic currency. b (1) : interchange or conversion of the money of two countries or of current and uncurrent money with allowance for difference in value. (2) : exchange rate. (3)

  3. to give up (something) for something else; part with for some equivalent; change for another. Synonyms: swap, trade, barter, commute, interchange. to replace (returned merchandise) with an equivalent or something else: Most stores will allow the purchaser to exchange goods. to give and receive reciprocally; interchange:

  4. to give something to someone and receive something from that person: It's traditional for the two teams to exchange shirts after the game. Every month the group meets so its members can exchange their views / opinions (= have a discussion).

  5. To exchange means to trade one thing for another. If you and your friend both prefer what the other has brought for lunch, you should exchange lunches. Exchange, which is both a noun and a verb, comes from the Latin ex-, meaning "out" and cambiare, for "change" or "substitute."

  6. If two or more people exchange things of a particular kind, they give them to each other at the same time. We exchanged addresses and Christmas cards. [ VERB noun ]

  7. Definition of exchange noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

  8. Definition of exchange verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

  9. to give something to someone and receive something similar from them: It's traditional for the two teams to exchange shirts after the game. Fewer examples. The two women exchanged business cards. Gifts are traditionally exchanged at Christmas. We used to exchange Christmas cards. It's traditional to exchange rings at a wedding ceremony.

  10. v.t. to give up (something) for something else; part with for some equivalent; change for another. to replace (returned merchandise) with an equivalent or something else: Most stores will allow the purchaser to exchange goods. to give and receive reciprocally; interchange: to exchange blows; to exchange gifts.