exchange
/iks'tʃeindʤ/
Học thuậtThân thiện
Definition
Noun:
- The act of giving one thing and receiving another (usually of similar type or value) in return: "exchange" refers to a mutual transfer of items, ideas, or services between parties.
- A place or system for buying, selling, or trading: "exchange" can mean a marketplace or organized system where transactions occur, such as a stock exchange or telephone exchange.
- A conversation or argument, especially a brief or heated one: "exchange" can describe a reciprocal expression of views, often in a rapid or confrontational manner.
- (In chess) The capture of pieces of equal value by both players on consecutive moves: A specific term in chess for a trade of material.
Verb:
- To give something and receive something else in return: The core action of trading one item for another.
- To replace one thing with another: To substitute or switch items.
- To engage in a reciprocal conversation or argument: To have a verbal back-and-forth.
Usage Examples
Noun:
- The two companies agreed to an exchange of technology. (The companies mutually transferred technological knowledge.)
- He works on the floor of the stock exchange. (He works in the marketplace for trading stocks.)
- The leaders had a tense exchange during the debate. (The leaders had a brief, heated conversation.)
- In chess, the early exchange of knights changed the game's dynamics. (The trade of knights of equal value altered the game.)
Verb:
- We decided to exchange our gifts after the holiday. (We decided to give each other's gifts back and receive different ones.)
- Could you exchange this shirt for a larger size? (Could you replace this shirt with a bigger one?)
- The diplomats exchanged sharp words over the border issue. (The diplomats had a reciprocal, harsh conversation.)
Advanced Usage
"In exchange for": as a reciprocal action or payment for something.
- She offered her expertise in exchange for a share of the profits. (She offered her skills as a trade for a portion of the earnings.)
"Exchange of ideas": a discussion where people share and discuss different thoughts.
- The conference promoted a free exchange of ideas. (The conference encouraged the sharing and discussion of concepts.)
"Foreign exchange": the trading of different countries' currencies.
- The volatility of the foreign exchange market affects international trade. (The instability in currency trading impacts global commerce.)
Variants and Related Words
- Interchange (n/v): A mutual exchange; to exchange things mutually. Often used for ideas or roles.
- The interchange of faculty between universities is beneficial.
- Exchanger (n): A person or device that facilitates an exchange.
- A heat exchanger transfers thermal energy.
- Exchangeable (adj): Capable of being exchanged.
- The coupon is exchangeable for any product in the store.
Synonyms
- Trade: To buy, sell, or exchange goods or services.
- Swap: To exchange one thing for another, often informally.
- Barter: To exchange goods or services for other goods or services without using money.
- Substitute: To replace one thing with another.
Related Phrasal Verbs
- Exchange blows: To fight physically.
- The argument escalated until they exchanged blows. (The argument intensified until they started fighting.)
- Exchange glances/looks: To look at each other briefly, often to communicate something non-verbally.
- They exchanged knowing glances across the room. (They looked at each other briefly with shared understanding.)
Related Idioms
- A fair exchange is no robbery: (Proverb) A transaction where both sides receive equal value is fair and just.
- I'll help you fix your car if you help me paint my house. A fair exchange is no robbery.
- Get the better of the exchange: To gain an advantage in a trade or deal.
- In the player trade, many analysts felt our team got the better of the 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