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1.
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
.
Source : opted (
55077
) - auto
2.
The
act
of substituting one thing in the
place
of
another
;
as,
an
exchange
of
grief
for
joy
,
or of a
scepter
for a
sword
,
and the
like
;
also,
the
act
of giving and receiving
reciprocally
;
as,
an
exchange
of civilities or views.
Source : opted (
55078
) - auto
3.
The thing
given
or received in
return
;
esp.
,
a
publication
exchanged for
another
.
Source : opted (
55079
) - auto
4.
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
.
Source : opted (
55080
) - auto
5.
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
.
Source : opted (
55081
) - auto
6.
The
place
where the merchants,
brokers,
and bankers of a
city
meet
at
certain
hours,
to
transact
business.
In this
sense
often
contracted to
'Change
.
Source : opted (
55082
) - auto
7.
To
part
with
give
,
or
transfer
to
another
in
consideration
of something received as an
equivalent
;
--
usually
followed by for
before
the thing received.
Source : opted (
55085
) - auto
8.
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
.
Source : opted (
55086
) - auto
9.
To
give
and
receive
reciprocally
,
as things of the
same
kind;
to
barter
;
to
swap
;
as,
to
exchange
horses with a
neighbor
;
to
exchange
houses or hats.
Source : opted (
55087
) - auto
10.
To be changed or received in
exchange
for;
to pass in
exchange
;
as,
dollar
exchanges for
ten
dimes.
Source : opted (
55088
) - auto
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