Definition of exchange noun from the Oxford Advanced Learner's Dictionary

      

    exchange

     noun
    noun
    BrE BrE//ɪksˈtʃeɪndʒ//
     
    ; NAmE NAmE//ɪksˈtʃeɪndʒ//
     
    Cost and payment, Types of holiday/vacation
     
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    giving and receiving
  1. 1  [countable, uncountable] an act of giving something to somebody or doing something for somebody 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 TV in exchange for this camera? I'll type your report if you'll babysit in exchange. see also part exchange
  2. conversation/argument
  3. 2[countable] a conversation or an argument There was only time for a brief exchange. The Prime Minister was involved in a heated exchange with Opposition MPs.
  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 See related entries: Cost and payment
  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 See related entries: Types of holiday/vacation
  8. building
  9. 5 (also Exchange) [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
  12. Word Origin late Middle English: from Old French eschange (noun), eschangier (verb), based on changer, from late Latin cambiare, from Latin cambire ‘barter’. The spelling was influenced by Latin ex- ‘out, utterly’ (see ex-).Extra examples Members got into heated exchanges with the chairperson. Opposition MPs were involved in heated exchanges with the prime minister. She considered free language lessons a fair exchange for a place to stay. She had a full and frank exchange of views with her boss before resigning. She is in France on a student exchange. There were exchanges of goods between the two regions. There were many acrimonious exchanges between the two men. They’ve had many spirited exchanges. We get together once a month for a mutual exchange of ideas. Wool and timber were sent to Egypt in exchange for linen or papyrus. a bitter verbal exchange a constant cultural exchange by young people on the Internet a free exchange of ideas and opinions an exchange over the question of Joe Hill’s guilt an exchange with a German student angry exchanges about the problem of unemployment I get you out of the country and you keep your mouth shut. Is that a fair exchange? I’ll type your report if you’ll babysit in exchange. The meeting was marked by a violent verbal exchange between the two presidents. There was a brief exchange of glances. There was a heated exchange between the parents and the school managers. We have currency exchange facilities. Where can I find the best exchange rate/​rate of exchange?
See the Oxford Advanced American Dictionary entry: exchange