exchange

Noun

• (chess) the capture by both players (usually on consecutive moves) of pieces of equal value
  • the endgame began after the exchange of queens
    

• (chess) gaining (or losing) a rook in return for a knight or bishop
  • black lost the exchange
    

• the act of putting one thing or person in the place of another: "he sent Smith in for Jones but the substitution came too late to help"

• reciprocal transfer of equivalent sums of money (especially the currencies of different countries)
  • he earns his living from the interchange of currency
    

• (sports) an unbroken sequence of several successive strokes
  • after a short rally Connors won the point
    

• a workplace for buying and selling; open only to members

• a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication

• the act of giving something in return for something received
  • deductible losses on sales or exchanges of property are allowable
    

• the act of changing one thing for another thing
  • Adam was promised immortality in exchange for his disobedience
    
  • there was an interchange of prisoners
    

• a mutual expression of views (especially an unpleasant one)
  • they had a bitter exchange
    

• chemical process in which one atom or ion or group changes places with another

Verb

• exchange a penalty for a less severe one

• put in the place of another; switch seemingly equivalent items
  • the con artist replaced the original with a fake Rembrandt
    
  • substitute regular milk with fat-free milk
    
  • synonyms can be interchanged without a changing the context's meaning
    

• hand over one and receive another, approximately equivalent
  • exchange prisoners
    
  • exchange employees between branches of the company
    

• change over, change around, as to a new order or sequence

• exchange or replace with another, usually of the same kind or category
  • Could you convert my dollars into pounds?
    
  • He changed his name
    
  • convert centimeters into inches
    
  • convert holdings into shares
    

• give to, and receive from, one another
  • Would you change places with me?
    
  • We have been exchanging letters for a year
    

Related words

• Synonyms: 
  substitution , commutation , interchange , rally , central , telephone exchange , commute , convert , substitute , replace , switch over , switch , change