exchange

/iks'tʃeindʤ/

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Explanation of the Word "Exchange"

Definition:
The word "exchange" can be used as both a noun and a verb. It generally means to give something and receive something in return. This can apply to objects, ideas, or even services.

Variants of the Word:

1. Exchanged (verb) - Past tense of exchange.
   • Example: "They exchanged gifts last Christmas."
2. Exchanging (verb) - Present participle of exchange.
   • Example: "I am exchanging emails with my friend."

Different Meanings:

• "Exchange" can refer to various contexts such as:
  • Trading items (goods)
  • Currency conversion
  • Verbal discussions (arguments or conversations)

Synonyms:

• Swap
• Trade
• Interchange
• Substitute
• Replace

Related Idioms and Phrasal Verbs:

• "Change places" - To swap positions with someone else.

  • Example: "Would you change places with me during the presentation?"

• "Hand over" - To give something to someone.

  • Example: "Please hand over the documents for the exchange."

• "Trade off" - To give up one thing in return for another.

  • Example: "Sometimes you have to trade off comfort for style."

Conclusion:

"Exchange" is a versatile word used in many contexts, including everyday transactions, games like chess, and discussions.

Academic

Noun

1. (chess) the capture by both players (usually on consecutive moves) of pieces of equal value
   • the endgame began after the exchange of queens
2. (chess) gaining (or losing) a rook in return for a knight or bishop
   • black lost the exchange
3. 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"
4. reciprocal transfer of equivalent sums of money (especially the currencies of different countries)
   • he earns his living from the interchange of currency
5. (sports) an unbroken sequence of several successive strokes
   • after a short rally Connors won the point
6. a workplace for buying and selling; open only to members
7. a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
8. the act of giving something in return for something received
   • deductible losses on sales or exchanges of property are allowable
9. the act of changing one thing for another thing
   • Adam was promised immortality in exchange for his disobedience
   • there was an interchange of prisoners
10. a mutual expression of views (especially an unpleasant one)
    • they had a bitter exchange
11. chemical process in which one atom or ion or group changes places with another

Verb

1. exchange a penalty for a less severe one
2. 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
3. hand over one and receive another, approximately equivalent
   • exchange prisoners
   • exchange employees between branches of the company
4. change over, change around, as to a new order or sequence
5. exchange or replace with another, usually of the same kind or category
   • Could you convert my dollars into pounds?
   • He changed his name
   • convert centimeters into inches
   • convert holdings into shares
6. give to, and receive from, one another
   • Would you change places with me?
   • We have been exchanging letters for a year

Synonyms

• substitution
• commutation
• interchange
• rally
• central
• telephone exchange
• commute
• convert
• substitute
• replace
• switch over
• switch
• change