exchange Meaning in the Cambridge English Dictionary
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Meaning of “exchange” in the English Dictionary

"exchange" in British English

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exchangenoun

uk   us   /ɪksˈtʃeɪndʒ/

exchange noun (GIVING AND GETTING)

B1 [C or U] the ​act of giving something to someone and them giving you something ​else: an exchange of ​ideas/​information They were given ​food and ​shelter in exchange forwork. She ​proposes an exchange of ​contracts at two o'clock. Several ​people were ​killed during the exchange of ​gunfire.
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exchange noun (CONVERSATION)

[C] a ​shortconversation or ​argument: There was a brief exchange between the two ​leaders.
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exchange noun (STUDENTS)

B1 [C] an ​arrangement in which ​students from one ​country go to ​stay with ​students from another ​country: Are you going on the ​French exchange this ​year? a ​German exchange ​student

exchange noun (STOCK EXCHANGE)

[C usually singular] a stock exchange

exchangeverb [T]

uk   us   /ɪksˈtʃeɪndʒ/
B1 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 ​groupmeets so ​itsmembers can exchange ​theirviews/​opinions (= have a ​discussion). We exchanged ​greetings before the ​meeting. We can exchange ​addresses when we ​see each other. Exchanging ​houses (= going to ​live in someone else's ​house while they ​live in yours) for a few ​weeks is a good way of having a ​holiday. to take something back to a ​shop where it was ​bought and get something ​elseinstead: If you don't like the ​gift, you can exchange it. I exchanged those ​trousers for a ​largersize.
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exchangeable
adjective uk   us   /-ˈtʃeɪn.dʒə.bl̩/
Goods are exchangeable as ​long as they are ​returned in good ​condition.
(Definition of exchange from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"exchange" in American English

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exchangeverb [T]

 us   /ɪksˈtʃeɪndʒ/
to ​change something for something ​else of a ​similarvalue or ​type: This ​shirt is too ​small – can I exchange it for one in a ​largersize? Before we ​left the ​meeting, she and I exchanged ​phonenumbers (= I told her mine and she told me hers).

exchangenoun [C/U]

 us   /ɪksˈtʃeɪndʒ/
the ​act of giving something to someone and getting something ​else that is ​similar: [C] an exchange of ​ideas [C] an exchange of ​prisoners
(Definition of exchange from the Cambridge Academic Content Dictionary © Cambridge University Press)

"exchange" in Business English

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exchangenoun

uk   us   /ɪksˈtʃeɪndʒ/
[C] a ​place or ​organization where ​shares, ​currencies, commodities, etc. are ​bought and ​sold: Exchanges in France and Germany ​rose by about 2%. As the ​demand for a ​stockrises and ​falls on the exchange, the ​price for the ​stock will ​fluctuate.
[U] MONEY, FINANCE the ​process of ​changing one ​currency for another: We ​offer commission-free exchange at our UK ​ports.exchange of sth Deregulation prevented any ​barrier to the ​free exchange of ​currencies.
[C or U] an occasion when you give or ​return something to someone and they give you something else: If an ​item is ​faulty you are ​guaranteed a ​refund or an exchange.exchange of sth You may ​request an exchange of any or all of your ​shares into another ​mutualfund in the ​group. information/​knowledge exchange
[C] an ​agreement in which two ​people or ​groups visit each other's ​home, ​place of ​work, or ​place of ​study for a ​shorttime in ​order to learn more about them: on an exchange There will be the ​opportunity to visit Germany on an exchange. an exchange ​programme/visit/​scheme
[C or U] COMMUNICATIONS an occasion when one ​person communicates with another, and the other ​personreplies: There was an angry exchange at the ​meeting. The e-mail exchange between them was ​released to the ​court along with other ​documents.
in exchange (for sth) given because of something that has been given to you: There's no doubt that ​stockscarryrisk, and ​reward you with the chance of ​higherreturns in exchange. The ​groupsold half of its London ​casinobusiness in exchange for ​shares.

exchangeverb

uk   us   /ɪksˈtʃeɪndʒ/
[T] to give or ​return something to someone and receive something from them: They ​shookhands and exchanged ​businesscards. If the ​goods are ​faulty you should be able to exchange them.exchange sth for sth Under these ​schemes, shareholdings can be exchanged for ​units in a ​unittrust.
[T] FINANCE to ​change one ​currency into another: exchange sth for sth In this way we will ​save on the ​costs of exchanging ​euro for ​sterling and ​vice versa.exchange sth into sth Larger ​hotels will exchange ​dollars into ​localcurrency.
[T] COMMUNICATIONS to communicate with someone who then ​replies: We exchanged a few words before the ​meeting began.exchange sth with sb Users can ​createpages with photos and ​personalinformation, and exchange ​e-mail with other ​users.
[I or T] UK PROPERTY to ​sign a ​legaldocument with the ​person you are ​buyingproperty from as the last ​part of the ​process of ​buying it: When you exchange, you must satisfy yourself that you are happy with the ​condition of the ​home you are ​moving into before you ​move. We hope to exchange ​contracts next week.
(Definition of exchange from the Cambridge Business English Dictionary © Cambridge University Press)
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