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

Reexchange :: Reexchange (n.) A renewed exchange; a reversal of an exchange.
Permutation :: Permutation (n.) The act of permuting; exchange of the thing for another; mutual transference; interchange.
Convertibility :: Convertibility (n.) The condition or quality of being convertible; capability of being exchanged; convertibleness.
Transferable :: Transferable (a.) Negotiable, as a note, bill of exchange, or other evidence of property, that may be conveyed from one person to another by indorsement or other writing; capable of being transferred with no loss of value; as, the stocks of most public companies are transferable; some tickets are not transferable..
Postdate :: Postdate (n.) A date put to a bill of exchange or other paper, later than that when it was actually made..
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..
Change :: Change (v. t.) To give and take reciprocally; to exchange; -- followed by with; as, to change place, or hats, or money, with another..
Counterchange :: Counterchange (v. t.) To give and receive; to cause to change places; to exchange.
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..
Exchangeability :: Exchangeability (n.) The quality or state of being exchangeable.
Replaceable :: Replaceable (a.) Capable of being replaced (by), or of being exchanged (for); as, the hydrogen of acids is replaceable by metals or by basic radicals..
Bring :: Bring (v. t.) To produce in exchange; to sell for; to fetch; as, what does coal bring per ton?.
Redraw :: Redraw (v. i.) To draw a new bill of exchange, as the holder of a protested bill, on the drawer or indorsers..
Bank :: Bank (n.) An establishment for the custody, loan, exchange, or issue, of money, and for facilitating the transmission of funds by drafts or bills of exchange; an institution incorporated for performing one or more of such functions, or the stockholders (or their representatives, the directors), acting in their corporate capacity..
Interchange :: Interchange (n.) The act of mutually changing; the act of mutually giving and receiving; exchange; as, the interchange of civilities between two persons..
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..
Truck :: Truck (n.) Exchange of commodities; barter.
Cartel :: Cartel (n.) An agreement between belligerents for the exchange of prisoners.
Tolsey :: Tolsey (n.) A tollbooth; also, a merchants' meeting place, or exchange..
Exchangeable :: Exchangeable (a.) Capable of being exchanged; fit or proper to be exchanged.
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