1. (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.

2. (n.) 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. (n.) The thing given or received in return; esp., a publication exchanged for another.

4. (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.

5. (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.

6. (n.) 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.

7. (n.) To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received.

8. (n.) 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.

9. (n.) 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.

10. (v. i.) To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.

American Stock Exchange Amex ESP Wall Street abalienate abalienation agency agent alien alienate alienation altercation alternate alternation alternative amortization amortize amortizement analogy answer area code argument assign assignation assignment backup badinage bandy banter bargain bargain and sale barter bartering battledore and shuttlecock be quits with bequeath bequeathal board boomerang bourse brokerage buy and sell buying and selling cede cession chaff change change for changeling colloquial discourse colloquy comeback commerce commodity exchange communication communion commutation commute comparison compensate compound for confer conferment conferral congress connection consign consignation consignment contact conversation converse conversing convey conveyance conveyancing cooperate cooperation copy corn pit correspondence counter counterblast counterblow counterchange counterfeit counterstroke cross fire curb curb exchange curb market deal dealing dealings deed deed over deeding delegation deliver deliverance delivery demise deputation deputy deputyship devolve upon disagreement discourse displace displacement disposal disposition do business doing business double dub in dummy enfeoff enfeoffment equal equivalent ersatz exchange floor fake fill-in fooling fooling around get back at get even with ghost ghostwriter give give and take give in exchange give place to give title to give-and-take giving good-natured banter hand hand down hand on hand over harmless teasing horse trading horse-trade imitation information interaction interchange intercommunication intercommunion intercourse interlocution intermutation interplay jape jest jive jobbing joke josh kidding kidding around lease and release lex talionis linguistic intercourse locum tenens logroll make do with make over make way for makeshift market measure for measure merchandising message metaphor metonymy mutual admiration mutual support mutual transfer mutuality negotiate next best thing offer in exchange outside market over-the-counter market pass pass on pass over pay back permutation permute persiflage personnel phone book phone number phony pinch hitter pit pleasantry power of attorney proxy put up with quarrel quid pro quo quotation board raillery rallying rapping reciprocality reciprocate reciprocation reciprocity recoil redeem relief replace replacement reply representation representative requite reserves respond response retailing retaliate retaliation retort return return the compliment ridicule ring in ringer sale second string secondary sell settle settle on settlement settling shift with sign sign away sign over social intercourse something for something spares speaking speech speech circuit