exchange
noun
uk/ɪksˈtʃeɪndʒ/ us [ 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
exchange
verb
uk/ɪksˈtʃeɪndʒ/ us [ T ]
to give or return something to someone and receive something from them:
They shook hands and exchanged business cards.
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 unit trust.
[ 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 local currency.
[ T ] COMMUNICATIONS
to communicate with someone who then replies:
We exchanged a few words before the meeting began.
exchange sth with sb Users can create pages with photos and personal information, and exchange e-mail with other users.
[ I or T ] PROPERTY UK
to sign a legal document with the person you are buying property 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.