Exchange: meaning, definitions and examples

💱
Add to dictionary

exchange

 

[ ɪksˈʧeɪndʒ ]

Noun / Verb
Oxford 3000
Context #1 | Noun

finance

An exchange is a place where securities, commodities, or other financial instruments are bought and sold. It can also refer to the act of giving one thing and receiving another in return.

Synonyms

market, swap, trading floor.

Which Synonym Should You Choose?

arrow down
Word Description / Examples
exchange

Used when referring to a place where financial securities, commodities, derivatives, and other financial instruments are traded. It can also mean the act of giving one thing and receiving another.

  • He bought shares on the stock exchange.
  • They had an exchange of ideas during the meeting.
market

Used to describe a place or situation in which commercial dealings are conducted. It can be a physical location, like a farmers' market, or a broader concept such as the financial market.

  • She sells handmade crafts at the local market.
  • The stock market was volatile today.
trading floor

Refers specifically to the area in a stock exchange where traders buy and sell securities. It is a physical location and often associated with high activity and intensity.

  • The trading floor was chaotic during the opening hours.
  • He works as a trader on the New York Stock Exchange trading floor.
swap

Used when referring to an informal exchange of one item for another. It often implies a more casual or personal transaction.

  • They decided to swap books for the weekend.
  • He swapped his lunch with a colleague.

Examples of usage

  • The New York Stock Exchange is one of the most famous exchanges in the world.
  • She made an exchange of euros for dollars at the currency exchange.
  • I need to visit the exchange to sell my shares.
  • Foreign exchange markets operate 24 hours a day.
  • People often use exchange rates to calculate the value of different currencies.
Context #2 | Verb

commerce

To exchange means to give something and receive something else in return.

Synonyms

barter, swap, trade.

Which Synonym Should You Choose?

arrow down
Word Description / Examples
exchange

Used in formal or informal situations when one thing is given in return for another. Commonly applies to ideas, information, or items.

  • They exchanged phone numbers before leaving the party.
  • The student exchange program allows students to spend a semester abroad.
swap

Often used in informal, everyday contexts. Involves trading items, actions, or responsibilities. Has a casual tone.

  • Let's swap seats so you can sit next to your friend.
  • The kids swapped toys during their playdate.
trade

Refers to the exchange of goods, services, or money, often used in business and economic contexts. Can also refer to informal exchanges.

  • They traded stocks on the New York Stock Exchange.
  • I traded my comic book for his action figure.
barter

Applied when people trade goods or services directly without using money. Often used in historical contexts or informal settings.

  • In ancient times, people bartered goods at the market.
  • The farmer bartered fresh produce for handmade furniture with his neighbor.

Examples of usage

  • We exchanged phone numbers before leaving the party.
  • They agreed to exchange gifts for Christmas.
  • He exchanged his old car for a newer model.
  • The students exchanged ideas during the brainstorming session.

Translations

Translations of the word "exchange" in other languages:

🇵🇹 troca

🇮🇳 विनिमय

🇩🇪 Austausch

🇮🇩 pertukaran

🇺🇦 обмін

🇵🇱 wymiana

🇯🇵 交換 (こうかん)

🇫🇷 échange

🇪🇸 intercambio

🇹🇷 değişim

🇰🇷 교환 (gyohwan)

🇸🇦 تبادل

🇨🇿 výměna

🇸🇰 výmena

🇨🇳 交换 (jiāohuàn)

🇸🇮 menjava

🇮🇸 skipti

🇰🇿 айырбасу

🇬🇪 გაცვლა

🇦🇿 dəyişmə

🇲🇽 intercambio

Etymology

The word 'exchange' has its origins in Middle English and Old French, derived from the Latin word 'excambiare' meaning 'to change'. The concept of exchanging goods or services dates back to ancient civilizations where barter systems were prevalent. Over time, exchanges evolved into sophisticated financial markets where assets are traded. The idea of exchange is fundamental to human interactions and has played a crucial role in the development of economies.

See also: change, changeability, changeable, changeably, changed, changeover, changer, changes, changing, interchange, unchangeability, unchangeable, unchangeably, unchanged, unchanging, unchangingly.

Word Frequency Rank

At #985 in the frequency ranking, this word is highly important for effective communication. It's commonly used in daily situations and should be prioritized in your vocabulary building.