Definition of exchange

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Exchange (n.) A mutual grant of equal interests, the one in consideration of the other. Estates exchanged must be equal in quantity, as fee simple for fee simple..

Lern More About Exchange

Drawee :: Drawee (n.) The person on whom an order or bill of exchange is drawn; -- the correlative of drawer.
Exchange :: Exchange (n.) The act of giving or taking one thing in return for another which is regarded as an equivalent; as, an exchange of cattle for grain..
Changeling :: Changeling (n.) One who, or that which, is left or taken in the place of another, as a child exchanged by fairies..
Convert :: Convert (v. t.) To exchange for some specified equivalent; as, to convert goods into money..
Escuage :: Escuage (n.) Service of the shield, a species of knight service by which a tenant was bound to follow his lord to war, at his own charge. It was afterward exchanged for a pecuniary satisfaction. Called also scutage..
Kite :: Kite (n.) Fictitious commercial paper used for raising money or to sustain credit, as a check which represents no deposit in bank, or a bill of exchange not sanctioned by sale of goods; an accommodation check or bill..
Listing :: Listing (n.) The act or process of one who lists (in any sense of the verb); as, the listing of a door; the listing of a stock at the Stock Exchange..
Gold :: Gold (v. t.) A metallic element, constituting the most precious metal used as a common commercial medium of exchange. It has a characteristic yellow color, is one of the heaviest substances known (specific gravity 19.32), is soft, and very malleable and ductile. It is quite unalterable by heat, moisture, and most corrosive agents, and therefore well suited for its use in coin and jewelry. Symbol Au (Aurum). Atomic weight 196.7..
Dicker :: Dicker (n.) A chaffering, barter, or exchange, of small wares; as, to make a dicker..
Catallactics :: Catallactics (n.) The science of exchanges, a branch of political economy..
Redraft :: Redraft (n.) A new bill of exchange which the holder of a protected bill draws on the drawer or indorsers, in order to recover the amount of the protested bill with costs and charges..
Scrip :: Scrip (n.) A preliminary certificate of a subscription to the capital of a bank, railroad, or other company, or for a share of other joint property, or a loan, stating the amount of the subscription and the date of the payment of the installments; as, insurance scrip, consol scrip, etc. When all the installments are paid, the scrip is exchanged for a bond share certificate..
Cambistry :: Cambistry (n.) The science of exchange, weight, measures, etc..
Substituted :: Substituted (a.) Exchanged; put in the place of another.
Worth :: Worth (a.) Equal in value to; furnishing an equivalent for; proper to be exchanged for.
Agreement :: Agreement (n.) A concurrence in an engagement that something shall be done or omitted; an exchange of promises; mutual understanding, arrangement, or stipulation; a contract..
Agiotage :: Agiotage (n.) Exchange business; also, stockjobbing; the maneuvers of speculators to raise or lower the price of stocks or public funds..
Bank Bill :: Bank bill () In England, a note, or a bill of exchange, of a bank, payable to order, and usually at some future specified time. Such bills are negotiable, but form, in the strict sense of the term, no part of the currency..
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..
Correspondence :: Correspondence (n.) Friendly intercourse; reciprocal exchange of civilities; especially, intercourse between persons by means of letters..
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