exchange

trade

1. B1CountableUncountable

   The act of giving something to someone and receiving something else in return.

   • A forum for the exchange of ideas and perspectives.

   • They received accommodation and meals in exchange for their labor.

   • Both parties have agreed to a contract exchange next week.

   More examples

communication

1. Countable

   A brief conversation or disagreement.

   • The two representatives engaged in a short exchange.

   • During the meeting, there were a couple of heated exchanges between them.

   • They had a brief exchange over the phone.

education

1. B1Countable

   A program that allows students from one country to live and study with students in another country.

   • Are you participating in the student exchange program in France this year?

   • An exchange student from Germany is joining the class.

   • She will be participating in a student exchange program during her university years.

finance

1. CountableUsually singular

   A place where stocks and shares are traded.

1. B1Transitive

   To give something to someone and receive something in return.

   • It's customary for the players from both teams to exchange jerseys after the match.

   • The group gathers monthly so members can exchange their points of view.

   • We exchanged greetings before commencing the meeting.

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2. Transitive

   To return an item to a shop and receive a different item in its place.

   • If you don't like the present, you can exchange it for something else.

   • I went to the store to exchange the pants for a larger size.

   • If the item is defective, you can exchange it within 30 days of purchase.