[ɛksˈtʃeɪn(d)ʒ], (Noun)

Definitions:
- an act of giving one thing and receiving another (especially of the same kind) in return
(e.g: negotiations should lead to an exchange of land for peace)

- the changing of money to its equivalent in the currency of another country
(e.g: they provided me with currency exchange at competitive rates)

- a short conversation or an argument
(e.g: there was a heated exchange)


- a move or short sequence of moves in which both players capture material of comparable value, or particularly the exchange in which one captures a rook in return for a knight or bishop


Phrases:
- exchange contracts
- in exchange

Origin:
late Middle English: from Old French eschange (noun), eschangier (verb), based on changer (see change). The spelling was influenced by Latin ex- ‘out, utterly’ (see ex-)

[ɛksˈtʃeɪn(d)ʒ], (Verb)

Definitions:
- give something and receive something of the same kind in return
(e.g: we exchanged addresses)


Phrases:
- exchange contracts
- in exchange

Origin:
late Middle English: from Old French eschange (noun), eschangier (verb), based on changer (see change). The spelling was influenced by Latin ex- ‘out, utterly’ (see ex-)