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

Exchanger :: Exchanger (n.) One who exchanges; one who practices exchange.
Interchange :: Interchange (n.) The mutual exchange of commodities between two persons or countries; barter; commerce.
Chaffer :: Chaffer (v. t.) To exchange; to bandy, as words..
Chopchurch :: Chopchurch (n.) An exchanger or an exchange of benefices.
Honor :: Honor (n.) To accept and pay when due; as, to honora 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..
Intervisit :: Intervisit (v. i.) To exchange visits.
Commutation :: Commutation (n.) The act of giving one thing for another; barter; exchange.
Exchange :: Exchange (v. i.) To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes..
Trade :: Trade (v. t.) To sell or exchange in commerce; to barter.
Cambist :: Cambist (n.) A banker; a money changer or broker; one who deals in bills of exchange, or who is skilled in the science of exchange..
Exchange :: Exchange (n.) To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received..
Exchangeability :: Exchangeability (n.) The quality or state of being exchangeable.
Permutation :: Permutation (n.) The act of permuting; exchange of the thing for another; mutual transference; interchange.
Inland :: Inland (a.) Confined to a country or state; domestic; not foreing; as, an inland bill of exchange. See Exchange..
Interchange :: Interchange (n.) The act of mutually changing; the act of mutually giving and receiving; exchange; as, the interchange of civilities between two persons..
Commutative :: Commutative (a.) Relative to exchange; interchangeable; reciprocal.
Truckage :: Truckage (n.) The practice of bartering goods; exchange; barter; truck.
Trade :: Trade (v. i.) To buy and sell or exchange property in a single instance.
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..
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