exchange

UK /ɛksˈt͡ʃeɪnd͡ʒ/ US /ɛksˈt͡ʃeɪnd͡ʒ/
noun 5verb 5

Definitions

noun

1

An act of exchanging or trading.

All in all, it was an even exchange.

an exchange of cattle for grain

2

A place for conducting trading.

The stock exchange is open for trading.

The old corn exchange has been converted into a music venue.

3

Ellipsis of telephone exchange.

4

Ellipsis of telephone exchange.

The 555 exchange is reserved for use by the phone company, which is why it's often used in films.

NPA-NXX-1234 is standard format, where NPA is the area code and NXX is the exchange.

5

A conversation.

After a lengthy exchange with the manager, we were no wiser.

'Why bother with the daily grind when you can go to Mosul, get paid $400 a month, get a wife – and live an Islamic way,' went an exchange between two men overheard by a fellow passenger in a taxi. Rumour has it that a woman whose husband died fighting with Isis now receives a generous widow's pension from jihadi coffers.

verb

1

To trade or barter.

I'll gladly exchange my place for yours.

2

To mutually direct at each other.

The opposing soldiers exchanged fire across the burning streets.

3

To replace with, as a substitute.

I'd like to exchange this shirt for one in a larger size.

Since his arrest, the mob boss has exchanged a mansion for a jail cell.

4

Clipping of exchange contracts.

5

To recommend and get recommendations.

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