| 单词 | exchange |
| 释义 | exchange exchange // noun, verb
■ noun
B2B EXCHANGE, BILL OF EXCHANGE, COMMODITY EXCHANGE, FOREIGN EXCHANGE, FUTURES EXCHANGE, INFORMATION EXCHANGE, INTERNATIONAL SECURITIES EXCHANGE, MERCANTILE EXCHANGE, PART EXCHANGE, RATE OF EXCHANGE, STOCK EXCHANGE, TELEPHONE EXCHANGE
1 [C,U] an act of giving sth to sb or doing sth for sb and receiving sth in return: an exchange of emails Workers agreed to a pay cut in exchange for shares in the company. The two countries have agreed to an exchange of information on tax matters.
2 (Commerce ; Finance ) [C] an organized system that allows traders to buy and sell currencies, investments, goods, etc.; a place where this takes place: The company's shares are traded on the Euronext exchange in Paris. the floor of the exchange (= where traders deal with each other) ◆ They have set up an electronic trading exchange (= for example, using an Internet site) for wood products. Copper rose in price today on the London Metal Exchange.
3 [U] the process of changing an amount of one currency for an equal value of another: The government plans to introduce controls on currency exchange. Gains from favourable currency exchange added $7 million to our profits. ⇨ EXCHANGE RATE, FOREIGN EXCHANGE
4 [C] 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: a 12-month work exchange for recent graduates an exchange student
5 [C] = TELEPHONE EXCHANGE: They have installed an exchange with a capacity of 1 000 telephone lines.
WHICH WORD?
exchange/change/return
If you are unhappy with goods you have bought from a shop/store, you can usually exchange or change them.
If you return something, you take it back to the seller and get your money back.
■ verb [+ obj]
1 to give sth to sb and receive sth else from them: We exchanged business cards. The bank will exchange €2 million of debt for shares in the company. We hold regular meetings to share information and exchange ideas. Use the cable to exchange data with other devices. Trading was slow with only 12 003 contracts (= to buy shares, bonds, etc.) being exchanged.
2 to change an amount of one currency for another: They exchanged their dollars for pesos.
3 if you exchange sth you have bought, or a shop/store exchanges it, you return it and get sth different or better instead: Can I exchange this shirt for a larger size? Sale goods cannot be exchanged. If the product is faulty, the store will exchange it.
4 (Law ) (BrE) exchange contracts to sign a contract with the person that you are buying a building or piece of land from: They have just exchanged contracts on the purchase of a new warehouse.
IDIOMS
exchange hands = CHANGE |
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