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

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

Draw :: Draw (v. t.) To write in due form; to prepare a draught of; as, to draw a memorial, a deed, or bill of exchange..

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..

Incommutable :: Incommutable (a.) Not commutable; not capable of being exchanged with, or substituted for, another..

Commerce :: Commerce (n.) The exchange or buying and selling of commodities; esp. the exchange of merchandise, on a large scale, between different places or communities; extended trade or traffic..

Counterchanged :: Counterchanged (a.) Having the tinctures exchanged mutually; thus, if the field is divided palewise, or and azure, and cross is borne counterchanged, that part of the cross which comes on the azure side will be or, and that on the or side will be azure..

Parley :: Parley (v. i.) To speak with another; to confer on some point of mutual concern; to discuss orally; hence, specifically, to confer orally with an enemy; to treat with him by words, as on an exchange of prisoners, an armistice, or terms of peace..

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

Agree :: Agree (v. i.) To make a stipulation by way of settling differences or determining a price; to exchange promises; to come to terms or to a common resolve; to promise.

Scorse :: Scorse (v. t.) To barter or exchange.

Counterchanged :: Counterchanged (a.) Exchanged.

Truck :: Truck (n.) Exchange of commodities; barter.

Interchange :: Interchange (n.) The act of mutually changing; the act of mutually giving and receiving; exchange; as, the interchange of civilities between two persons..

Gold :: Gold (v. t.) A metallic element, constituting the most precious metal used as a common commercial medium of exchange. It has a characteristic yellow color, is one of the heaviest substances known (specific gravity 19.32), is soft, and very malleable and ductile. It is quite unalterable by heat, moisture, and most corrosive agents, and therefore well suited for its use in coin and jewelry. Symbol Au (Aurum). Atomic weight 196.7..

Drawer :: Drawer (n.) One who draws a bill of exchange or order for payment; -- the correlative of drawee.

Bandy :: Bandy (v. t.) To give and receive reciprocally; to exchange.

Tolsey :: Tolsey (n.) A tollbooth; also, a merchants' meeting place, or exchange..

Escambio :: Escambio (n.) A license formerly required for the making over a bill of exchange to another over sea.

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