Synonym: change, substitute, swap, switch, trade. Similar words: in exchange for, change, changeable, unchangeable, range, angel, orange, arrange. Meaning: [ɪks'tʃeɪndʒ] 
n. 1. chemical process in which one atom or ion or group changes places with another 2. a mutual expression of views (especially an unpleasant one) 3. the act of changing one thing for another thing 4. the act of giving something in return for something received 5. a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication 6. a workplace for buying and selling; open only to members 7. (sports) an unbroken sequence of several successive strokes 8. reciprocal transfer of equivalent sums of money especially the currencies of different countries 9. the act of putting one thing or person in the place of another: "he sent Smith in for Jones but the substitution came too late to help" 10. (chess) gaining (or losing) a rook in return for a knight or bishop 11. (chess) the capture by both players (usually on consecutive moves) of pieces of equal value. v. 1. give to, and receive from, one another 2. exchange or replace with another, usually of the same kind or category 3. change over, change around, as to a new order or sequence 4. hand over one and receive another, approximately equivalent 5. exchange a penalty for a less severe one.
n. 1. chemical process in which one atom or ion or group changes places with another 2. a mutual expression of views (especially an unpleasant one) 3. the act of changing one thing for another thing 4. the act of giving something in return for something received 5. a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication 6. a workplace for buying and selling; open only to members 7. (sports) an unbroken sequence of several successive strokes 8. reciprocal transfer of equivalent sums of money especially the currencies of different countries 9. the act of putting one thing or person in the place of another: "he sent Smith in for Jones but the substitution came too late to help" 10. (chess) gaining (or losing) a rook in return for a knight or bishop 11. (chess) the capture by both players (usually on consecutive moves) of pieces of equal value. v. 1. give to, and receive from, one another 2. exchange or replace with another, usually of the same kind or category 3. change over, change around, as to a new order or sequence 4. hand over one and receive another, approximately equivalent 5. exchange a penalty for a less severe one. 
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(121) The exchange rate is in our favour at the moment.
(122) The government has promised further relaxations in foreign exchange controls.
(123) He described Britain's entry into the European Exchange Rate Mechanism as an historic move.
(124) I'd like to exchange this dress for one in a smaller size.
(125) They scuffled for a few minutes, but did not exchange blows.
(126) After a possessive , some, any, both or a number, unless it is used with an adjective:We'd like to exchange our home with a British family's .
(127) News of the disaster hit the Stock Exchange around noon.
(128) 'The market is absolutely dead this morning,' said one foreign exchange trader.
(129) The stock exchange rallied in response to the announcement of massive American investment.
(130) I should like to exchange a few words with you in confidence.
(131) When exchange controls were lifted Swedes rushed to invest abroad.
(132) Several football clubs are now quoted on the Stock Exchange.
(133) Because of the high exchange rate, our products have lost their competitive edge.
(134) I'm here for one term, on an exchange with Dr. Fisher.
(135) An example of her modus operandi was provided during a terse exchange with the defendant.
(136) An operator wearing earphone was sitting in the telephone exchange.
(137) Where can I find the best exchange rate / rate of exchange?
(138) The International Stock Exchange started life as a London coffee shop.
(139) The DJ was fired after a heated exchange on air with a call-in listener.
(140) A lucky group of students will profit by an exchange visit overseas.
(141) Shares ended 1.7 per cent firmer on the Frankfurt exchange.
(142) It is illegal for public officials to solicit gifts or money in exchange for favors.
(143) They were given food and shelter in exchange for work.
(144) The French and British police will exchange information on wanted criminals.
(145) The purpose was to halt the rise in the exchange rate of the Swiss franc.
(146) The company is now quoted on the stock exchange .
(147) Exchange visits between company and school have kept the project going.
(148) On Sundays all the men gather in the square to exchange local gossip .
(149) It is illegal for public officials to solicit gifts or money in exchange for favours.
(150) The Pound plunged to a new low on the foreign exchange markets yesterday.
More similar words: in exchange for, change, changeable, unchangeable, range, angel, orange, arrange, in danger, hang up, hang on, out of danger, arrangement, challenged, chance, channel, merchant, mechanic, by chance, mechanism, mechanical, take a chance, hand in hand, exceed, gang, excited, exclude, excuse me, angst, angle.