1. the act of giving something and receiving something else in return
2. a place where stocks, bonds, or commodities are bought and sold
Usage: finance
3. a brief conversation or argument

1. to give something and receive something else in return
2. to replace one thing with another

Examples

• The exchange of gifts is a holiday tradition.
• She works at the New York Stock Exchange.
• They had a heated exchange about politics.
• Can I exchange this shirt for a different size?
• The students will exchange letters with pen pals.
• He exchanged his old car for a newer model.
• The two countries agreed to exchange ambassadors.