2. (noun)exchange a mutual expression of views (especially an unpleasant one)
"they had a bitter exchange"
3. (noun)exchange, interchange the act of changing one thing for another thing "Adam was promised immortality in exchange for his disobedience"; "there was an interchange of prisoners"
4. (noun)exchange the act of giving something in return for something received
"deductible losses on sales or exchanges of property are allowable"
5. (noun)central, telephone exchange, exchange a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permitcommunication
7. (noun)rally, exchange (sports) an unbroken sequence of several successive strokes
"after a short rally Connors won the point"
8. (noun)exchange, interchange reciprocaltransfer of equivalent sums of money (especially the currencies of different countries)
"he earns his living from the interchange of currency"
10. (noun)exchange (chess) gaining (or losing) a rook in return for a knight or bishop "black lost the exchange"
11. (noun)exchange (chess) the capture by both players (usually on consecutive moves) of pieces of equalvalue "the endgame began after the exchange of queens"
12. (verb)exchange, change, interchange give to, and receive from, one another
"Would you change places with me?"; "We have been exchanging letters for a year"
13. (verb)change, exchange, commute, convert exchange or replace with another, usually of the samekind or category "Could you convert my dollars into pounds?"; "He changed his name"; "convert centimeters into inches"; "convert holdings into shares"
15. (verb)exchange handover one and receive another, approximately equivalent "exchange prisoners"; "exchange employees between branches of the company"
16. (verb)substitute, replace, interchange, exchange put in the place of another; switch seemingly equivalent items
"the con artist replaced the original with a fake Rembrandt"; "substitute regular milk with fat-free milk"; "synonyms can be interchanged without a changing the context's meaning"
17. (verb)commute, convert, exchange exchange a penalty for a less severe one