exchange

ex|change1 [ ıks`tʃeındʒ ] noun ***

▸ 1 giving each other something

▸ 2 angry conversation

▸ 3 change type of money

▸ 4 change places with

▸ 5 place to buy & sell goods

▸ + PHRASES

1. ) count 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.

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.

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. ) count FORMAL an angry conversation:

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

3. ) uncount the act of changing the money of one country to the money of another country:

a foreign exchange dealer

rate of exchange/exchange rate: What is the rate of exchange for U.S. dollars?

4. ) count 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:

a cultural/educational exchange

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

5. ) count a central place where goods of a particular type are bought and sold:

the former corn exchange

=> STOCK EXCHANGE

a ) a central place where telephone calls are received and connected to other lines

=> TELEPHONE EXCHANGE

in exchange

if you give someone something in exchange for something else, you give them something and they give you something else of a similar type or value:

in exchange for: Economic sanctions would be lifted in exchange for renewed cooperation.

exchange

ex|change 2 [ ıks`tʃeındʒ ] verb transitive **

1. ) to give someone something in return for something that they give you:

We exchanged addresses and promised to write to each other.

exchange something for something: The certificates can be exchanged for goods in any of our stores.

2. ) if a store exchanges something that you bought there, it allows you to change it for something of a similar type or value, for example because it is damaged:

You don't need a receipt to exchange goods that are faulty.

3. ) to say something to someone and then listen to what they say:

We all exchanged greetings.

exchange ideas/views/information: Team meetings are an opportunity to exchange ideas.

exchange words: They exchanged a few words in what sounded like Spanish.

a ) to look at someone who is looking at you:

They exchanged some puzzled glances.

I shook hands and exchanged smiles with Mr. Wren.

b ) to do something to someone who is doing the same thing to you:

They sat on the bench together, sometimes exchanging kisses.

exchange blows/punches (=fight): Blows were exchanged before the two could be pulled apart.

4. ) to change money from the money of one country to the money of another country

exchange contracts MAINLY BRITISH

if the people buying and selling a house exchange contracts, they each sign a contract so that the sale is officially complete