exchange noun - definition in the Business English Dictionary - Cambridge Dictionaries Online (US)

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English definition of “exchange”

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exchange

noun
 
 
/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 stock rises 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 mutual fund 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 short time 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 person replies: 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 stocks carry risk, and reward you with the chance of higher returns in exchange. The group sold half of its London casino business in exchange for shares.
→  See also B2B exchange , Baltic Exchange , bill of exchange , Chicago Board Options Exchange , commodity exchange , currency exchange , direct exchange , duplicate of exchange , electronic data exchange , foreign exchange , futures exchange , indirect exchange , information exchange , International Securities Exchange , London Commodity Exchange , London Metal Exchange , London Stock Exchange , medium of exchange , mercantile exchange , the New York Stock Exchange , options exchange , part exchange noun , private branch exchange , regional stock exchange , the Securities and Exchange Commission , securities exchange , share exchange offer , Single-Minute Exchange of Die , stock exchange , telephone exchange
(Definition of exchange noun from the Cambridge Business English Dictionary © Cambridge University Press)
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