English definition of Exchange

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Definition of exchange

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Exchange (n.) The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange.

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Arbitrage :: Arbitrage (n.) A traffic in bills of exchange (see Arbitration of Exchange); also, a traffic in stocks which bear differing values at the same time in different markets..

Agiotage :: Agiotage (n.) Exchange business; also, stockjobbing; the maneuvers of speculators to raise or lower the price of stocks or public funds..

Inconvertible :: Inconvertible (a.) Not convertible; not capable of being transmuted, changed into, or exchanged for, something else; as, one metal is inconvertible into another; bank notes are sometimes inconvertible into specie..

Break :: Break (v. t.) To exchange for other money or currency of smaller denomination; as, to break a five dollar bill..

Burse :: Burse (n.) An exchange, for merchants and bankers, in the cities of continental Europe. Same as Bourse..

Money :: Money (n.) A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin..

Flat :: Flat (superl.) Lacking liveliness of commercial exchange and dealings; depressed; dull; as, the market is flat..

Swap :: Swap (n.) An exchange; a barter.

Interchange :: Interchange (v. t.) To put each in the place of the other; to give and take mutually; to exchange; to reciprocate; as, to interchange places; they interchanged friendly offices and services..

Batta :: Batta (n.) Rate of exchange; also, the discount on uncurrent coins..

Changeling :: Changeling (n.) One who, or that which, is left or taken in the place of another, as a child exchanged by fairies..

Cambistry :: Cambistry (n.) The science of exchange, weight, measures, etc..

Exchangeable :: Exchangeable (a.) Capable of being exchanged; fit or proper to be exchanged.

Excambium :: Excambium (n.) Exchange; barter; -- used commonly of lands.

Exchange :: Exchange (n.) To give and receive reciprocally, as things of the same kind; to barter; to swap; as, to exchange horses with a neighbor; to exchange houses or hats..

Exchanged :: Exchanged (imp. & p. p.) of Exchang.

Rap :: Rap (v.) To exchange; to truck.

Exchange :: Exchange (n.) The thing given or received in return; esp., a publication exchanged for another..

Monad :: Monad (n.) An atom or radical whose valence is one, or which can combine with, be replaced by, or exchanged for, one atom of hydrogen..

Bill Book :: Bill book () A book in which a person keeps an account of his notes, bills, bills of exchange, etc., thus showing all that he issues and receives..