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

Regreet :: Regreet (n.) A return or exchange of salutation.
Scorse :: Scorse (n.) Barter; exchange; trade.
Inconvertibility :: Inconvertibility (n.) The quality or state of being inconvertible; not capable of being exchanged for, or converted into, something else; as, the inconvertibility of an irredeemable currency, or of lead, into gold..
Trust :: Trust (n.) Credit given; especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as, to sell or buy goods on trust..
Monad :: Monad (n.) An atom or radical whose valence is one, or which can combine with, be replaced by, or exchanged for, one atom of hydrogen..
Dishonor :: Dishonor (v. t.) To refuse or decline to accept or pay; -- said of a bill, check, note, or draft which is due or presented; as, to dishonor a bill exchange..
Bargain :: Bargain (n.) To make a bargain; to make a contract for the exchange of property or services; -- followed by with and for; as, to bargain with a farmer for a cow..
Barter :: Barter (n.) The thing given in exchange.
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..
Truck :: Truck (v. t.) To exchange; to give in exchange; to barter; as, to truck knives for gold dust..
Paper :: Paper (n.) Negotiable evidences of indebtedness; notes; bills of exchange, and the like; as, the bank holds a large amount of his paper..
Stag :: Stag (n.) An outside irregular dealer in stocks, who is not a member of the exchange..
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..
Cash :: Cash (v. t.) To pay, or to receive, cash for; to exchange for money; as, cash a note or an order..
Worth :: Worth (a.) That quality of a thing which renders it valuable or useful; sum of valuable qualities which render anything useful and sought; value; hence, often, value as expressed in a standard, as money; equivalent in exchange; price..
Clear :: Clear (v. i.) To make exchanges of checks and bills, and settle balances, as is done in a clearing house..
Parley :: Parley (v. i.) To speak with another; to confer on some point of mutual concern; to discuss orally; hence, specifically, to confer orally with an enemy; to treat with him by words, as on an exchange of prisoners, an armistice, or terms of peace..
Metathesis :: Metathesis (n.) The act, process, or result of exchange, substitution, or replacement of atoms and radicals; thus, by metathesis an acid gives up all or part of its hydrogen, takes on an equivalent amount of a metal or base, and forms a salt..
Broker :: Broker (v. t.) A dealer in money, notes, bills of exchange, etc..
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..
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