American English

Definition of exchange noun from the Oxford Advanced American Dictionary



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    giving and receiving
  1. 1[countable, uncountable] an act of giving something to someone or doing something for someone and receiving something in return The exchange of prisoners took place this morning. We need to promote an open exchange of ideas and information. an exchange of glances/insults an exchange of fire (= between enemy soldiers) I buy you lunch and you fix my computer. Is that a fair exchange? Would you like my old TVin exchange for this camera? I'll edit your report if you'll babysit in exchange. This shirt is an exchange. I just need a larger size.
  2. conversation/argument
  3. 2[countable] a conversation or an argument There was only time for a brief exchange. The senator was involved in a heated exchange with two of his colleagues. After a harsh exchange of words, Owen stormed off.
  4. of money
  5. 3[uncountable] the process of changing an amount of one currency (= the money used in one country) for an equal value of another currency exchange facilities Where can I find the best exchange rate/rate of exchange? see also foreign exchange
  6. between two countries
  7. 4[countable] an arrangement when two people or groups from different countries visit each other's homes or do each other's jobs for a short time Our school does an exchange with a school in France. Nick went on the French exchange. trade and cultural exchanges with China
  8. building
  9. 5Exchange [countable] (in compounds) a building where business people met in the past to buy and sell a particular type of goods the old Corn Exchange see also stock exchange
  10. telephone
  11. 6[countable] = telephone exchange
See the Oxford Advanced Learner's Dictionary entry: exchange