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exchange - definition and synonyms

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noun     exchange pronunciation in American English
Word Forms
  1. 1
    [countable] a situation in which one person gives another person something and receives something else of a similar type or value in return
    exchange of:

    The two sides agreed an exchange of prisoners of war.

    1. a.
      a situation in which people give each other information or discuss their ideas and opinions
      exchange of:

      We had a frank exchange of views.

      There was an angry exchange of letters between the two firms.

    2. b.
      a situation in which someone shoots at another person and the other person shoots back
      an exchange of fire/gunfire/shots:

      There was an exchange of fire and three soldiers fell dead.

  2. 2
    [countable] formal an angry conversation
    heated exchange:

    Paul and Mark were having a heated exchange in the office.

  3. 3
    [uncountable] the act of changing the money of one country to the money of another country

    the abolition of exchange controls

  4. 4
    [countable] an arrangement in which people or groups from different countries visit each other or do each other’s jobs, for example in order to study another country’s language or improve relationships
    exchange student/program:

    We had an exchange student from Spain staying with us last year.

  5. 5
    [countable] a central place where goods of a particular type are bought and sold

    the former corn exchange

    See also stock exchange
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