Definition of exchange

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Exchange (n.) The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange.

Lern More About Exchange

Broker :: Broker (v. t.) A dealer in money, notes, bills of exchange, etc..
Cope :: Cope (v. i.) To exchange or barter.
Diazotize :: Diazotize (v. t.) To subject to such reactions or processes that diazo compounds, or their derivatives, shall be produced by chemical exchange or substitution..
Clearing :: Clearing (n.) A method adopted by banks and bankers for making an exchange of checks held by each against the others, and settling differences of accounts..
Shift :: Shift (v. t.) To exchange for another of the same class; to remove and to put some similar thing in its place; to change; as, to shift the clothes; to shift the scenes..
Exchange :: Exchange (n.) To part with for a substitute; to lay aside, quit, or resign (something being received in place of the thing parted with); as, to exchange a palace for cell..
Exchange :: Exchange (n.) The thing given or received in return; esp., a publication exchanged for another..
Cash :: Cash (v. t.) To pay, or to receive, cash for; to exchange for money; as, cash a note or an order..
Assignment :: Assignment (n.) A transfer of title or interest by writing, as of lease, bond, note, or bill of exchange; a transfer of the whole of some particular estate or interest in lands..
Bill Book :: Bill book () A book in which a person keeps an account of his notes, bills, bills of exchange, etc., thus showing all that he issues and receives..
Break :: Break (v. t.) To exchange for other money or currency of smaller denomination; as, to break a five dollar bill..
Exchange :: Exchange (n.) The place where the merchants, brokers, and bankers of a city meet at certain hours, to transact business. In this sense often contracted to 'Change..
Stamp :: Stamp (v. t.) An offical mark set upon things chargeable with a duty or tax to government, as evidence that the duty or tax is paid; as, the stamp on a bill of exchange..
Traffic :: Traffic (v. t.) To exchange in traffic; to effect by a bargain or for a consideration.
Offset :: Offset (n.) A sum, account, or value set off against another sum or account, as an equivalent; hence, anything which is given in exchange or retaliation; a set-off..
Give :: Give (n.) To yield possesion of; to deliver over, as property, in exchange for something; to pay; as, we give the value of what we buy..
Vary :: Vary (v. t.) To change to something else; to transmute; to exchange; to alternate.
Postdate :: Postdate (n.) A date put to a bill of exchange or other paper, later than that when it was actually made..
Tommy :: Tommy (n.) A truck, or barter; the exchange of labor for goods, not money..
Lamb :: Lamb (n.) A simple, unsophisticated person; in the cant of the Stock Exchange, one who ignorantly speculates and is victimized..
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