a

Tax Project Institute

Get the Newsletter

Sign up to get the newsletter

« Back to Glossary Index

Exchange

Merriam-Webster Online Dictionary
exchange (noun)
1.
the act of giving or taking one thing in return for another - trade an exchange of prisoners
2.
a) the act or process of substituting one thing for another
b) reciprocal giving and receiving
3.
something offered, given, or received in an exchange
4.
a) funds payable currently at a distant point either in a foreign currency or in domestic currency
b) (1) interchange or conversion of the money of two countries or of current and uncurrent money with allowance for difference in value
(2) - exchange rate
(3) the amount of the difference in value between two currencies or between values of a particular currency at two places
c) instruments (as checks or bills of exchange) presented in a clearinghouse for settlement
5.
a place where things or services are as - exchanged
a) an organized market or center for trading in securities or commodities
b) a store or shop specializing in merchandise usually of a particular type
c) a cooperative store or society
d) a central office in which telephone lines are connected to permit communication
exchange (verb)
transitive verb
1.
a) to part with, give, or transfer in consideration of something received as an equivalent
b) to have replaced by other merchandise - exchanged the shirt for one in a larger size
2.
to part with for a substitute - exchanging future security for immediate pleasure
3.
intransitive verb
to give and receive reciprocally - exchange gifts
1.
to pass or become received in exchange
2.
to engage in an exchange
Merriam-Webster Online Thesaurus
exchange (noun)
1.
a giving or taking of one thing of value in return for another
SYNONYMS:
back-and-forth, barter, commutation, dicker, quid pro quo, swap, trade, trade-off, truck
RELATED WORDS:
replacement, substitution; reciprocation, recompense, requital; bargain, deal, horse trade, negotiation, transaction; bargaining, dealing, dickering, haggling, horse trading; logrolling
exchange (noun)
2.
talking or a talk between two or more people
SYNONYMS:
chat, colloquy, converse, dialogue ( dialog), discourse, discussion, exchange
RELATED WORDS:
banter, chaff, cross fire, give-and-take, persiflage, raillery, repartee; conference, parley, powwow; babble, chatter, chin-wag [], chitchat, confabulation, gabfest, gossip, natter [], palaver, prate, prattle, rap, small talk, table talk; round-robin, roundtable, symposium; debate, deliberation
exchange (verb)
to give up (something) and take something else in return
SYNONYMS:
commute, exchange, shift, substitute, swap, switch, trade
RELATED WORDS:
interchange; displace, replace, supersede; cede, hand over, surrender, yield; reciprocate
We are a Non-Profit

Tax Project Institute is a fiscally sponsored project of MarinLink, a California non-profit corporation exempt from federal tax under section 501(c)(3) of the Internal Revenue Service #20-0879422.

Recent News

Get the Newsletter

Please Donate to Tax Project Institute