EXCHANGES
Noun
exchanges
plural of exchange
Anagrams
• sex change
Source: Wiktionary
EXCHANGE
Ex*change", n. Etym: [OE. eschange, eschaunge, OF. eschange, fr.
eschangier, F. Ă©changer, to exchange; pref. ex- out + F. changer. See
Change, and cf. Excamb.]
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.
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.
3. The thing given or received in return; esp., a publication
exchanged for another. Shak.
4. (Com.)
Definition: 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.
Note: A in London is creditor to B in New York, and C in London owes
D in New York a like sum. A in London draws a bill of exchange on B
in New York; C in London purchases the bill, by which A receives his
debt due from B in New York. C transmits the bill to D in New York,
who receives the amount from B.
5. (Law)
Definition: 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. Blackstone.
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. Arbitration of exchange. See under
Arbitration.
– Bill of exchange. See under Bill.
– Exchange broker. See under Broker.
– Par of exchange, the established value of the coin or standard of
value of one country when expressed in the coin or standard of
another, as the value of the pound sterling in the currency of France
or the United States. The par of exchange rarely varies, and serves
as a measure for the rise and fall of exchange that is affected by
the demand and supply. Exchange is at par when, for example, a bill
in New York, for the payment of one hundred pounds sterling in
London, can be purchased for the sum. Exchange is in favor of a place
when it can be purchased there at or above par.
– Telephone exchange, a central office in which the wires of any
two telephones or telephone stations may be connected to permit
conversation.
Syn.
– Barter; dealing; trade; traffic; interchange.
Ex*change", v. t. [imp. & p. p. Exchanged;p. pr. & vb. n.
Exchanging.] Etym: [Cf.OF. eschangier, F. Ă©changer. See Exchange, n.]
1. To part with give, or transfer to another in consideration of
something received as an equivalent; -- usually followed by for
before the thing received.
Exchange his sheep for shells, or wool for a sparking pebble or a
diamond. Locke.
2. To part with for a substitute; to lay aside, quit, or resign
(something being received in place of the thing as, to exchange a
palace for cell.
And death for life exchanged foolishly. Spenser.
To shift his being Is to exchange one misery with another. Shak.
3. 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.
Exchange forgiveness with me, noble Hamlet. Shak.
Syn.
– To barter; change; commute; interchange; bargain; truck; swap;
traffic.
Ex*change", v. i.
Definition: To be changed or received in exchange for; to pass in exchange;
as, dollar exchanges for ten dimes.
Source: Webster’s Unabridged Dictionary 1913 Edition