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

      

    exchange

     verb
    verb
    BrE BrE//ɪksˈtʃeɪndʒ//
     
    ; NAmE NAmE//ɪksˈtʃeɪndʒ//
     
    Verb Forms present simple I / you / we / they exchange
    BrE BrE//ɪksˈtʃeɪndʒ//
     
    ; NAmE NAmE//ɪksˈtʃeɪndʒ//
     
    he / she / it exchanges
    BrE BrE//ɪksˈtʃeɪndʒɪz//
     
    ; NAmE NAmE//ɪksˈtʃeɪndʒɪz//
     
    past simple exchanged
    BrE BrE//ɪksˈtʃeɪndʒd//
     
    ; NAmE NAmE//ɪksˈtʃeɪndʒd//
     
    past participle exchanged
    BrE BrE//ɪksˈtʃeɪndʒd//
     
    ; NAmE NAmE//ɪksˈtʃeɪndʒd//
     
    -ing form exchanging
    BrE BrE//ɪksˈtʃeɪndʒɪŋ//
     
    ; NAmE NAmE//ɪksˈtʃeɪndʒɪŋ//
     
    Buying a home
     
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    give and receive
  1. 1  to give something to somebody and at the same time receive the same type of thing from them exchange something to exchange ideas/news/information Juliet and David exchanged glances (= they looked at each other). Everyone in the group exchanged email addresses. exchange something with somebody I shook hands and exchanged a few words with the manager. The two men exchanged blows (= hit each other). I heard them exchange words(= argue).
  2. money/goods
  3. 2  to give or return something that you have and get something different or better instead synonym change exchange something If it doesn't fit, take it back and the store will exchange it. exchange A for B You can exchange your currency for dollars in the hotel.
  4. contracts
  5. 3exchange contracts (especially British English) to sign a contract with the person that you are buying something from, especially a house or land The firm has just exchanged contracts on a nine-acre site. See related entries: Buying a home
  6. 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 Everyone in the group exchanged telephone numbers. If it doesn’t fit, take it back and the store will exchange it. Juliet and David exchanged glances. The two men exchanged blows. We use the forum to exchange ideas.Idioms
    have/exchange words (with somebody) (about something)
     
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    (especially British English) to have an argument with somebody We've had words. Words were exchanged.
See the Oxford Advanced American Dictionary entry: exchange