Exchange: meaning, definitions and examples
💱
exchange
[ɪksˈʧeɪndʒ ]
Definitions
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
Which Synonym Should You Choose?
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.
|
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.
|
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.
|
swap |
Used when referring to an informal exchange of one item for another. It often implies a more casual or personal transaction.
|
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.
commerce
To exchange means to give something and receive something else in return.
Synonyms
Which Synonym Should You Choose?
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.
|
swap |
Often used in informal, everyday contexts. Involves trading items, actions, or responsibilities. Has a casual tone.
|
trade |
Refers to the exchange of goods, services, or money, often used in business and economic contexts. Can also refer to informal exchanges.
|
barter |
Applied when people trade goods or services directly without using money. Often used in historical contexts or informal settings.
|
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.
Interesting Facts
Etymology
- The word 'exchange' comes from the Latin 'ex-' meaning 'out of' and 'cambiare' meaning 'to change'.
- It entered Middle English through Old French, showing a blend of cultures and languages.
- Historically, the concept of exchange has roots in ancient barter systems, where goods were directly traded.
Economics
- In economics, exchange is vital for trade systems, enabling the flow of goods and services.
- The exchange rate determines how much one currency is worth compared to another, impacting global markets.
- Concepts like supply and demand shape exchanges, which help balance prices in the economy.
Social Interaction
- Exchanging ideas through conversation helps build relationships and foster understanding between cultures.
- Gift exchanges are common in many cultures, symbolizing goodwill and strengthening social bonds.
- Negotiations are a form of exchange where parties communicate to reach a mutually beneficial agreement.
Technology
- Digital exchanges allow people to trade cryptocurrencies, marking a new evolution in currency use.
- Online platforms facilitate the exchange of information, ideas, and resources across the globe almost instantaneously.
- Gaming communities frequently engage in item exchanges, highlighting the communal aspect of digital interactions.
Literature
- Literary works often explore themes of exchange, such as the value of sacrifice and the concept of reciprocity in relationships.
- Shakespeare’s plays often demonstrate the complexities of human exchange, both material and emotional.
- In many stories, characters undergo personal exchanges, trading old beliefs for new understandings and growth.
Translations
Translations of the word "exchange" in other languages:
🇵🇹 troca
- câmbio
- intercâmbio
🇮🇳 विनिमय
- अदला-बदली
- विनियम
🇩🇪 Austausch
- Wechsel
- Börse
🇮🇩 pertukaran
- penukaran
- bursa
🇺🇦 обмін
- біржа
- заміна
🇵🇱 wymiana
- zamiana
- giełda
🇯🇵 交換 (こうかん)
- 両替 (りょうがえ)
- 取引所 (とりひきじょ)
🇫🇷 échange
- change
- bourse
🇪🇸 intercambio
- cambio
- bolsa
🇹🇷 değişim
- takas
- borsa
🇰🇷 교환 (gyohwan)
- 환전 (hwanjeon)
- 거래소 (georaeso)
🇸🇦 تبادل
- صرف
- بورصة
🇨🇿 výměna
- výměnný obchod
- burza
🇸🇰 výmena
- zámenný obchod
- burza
🇨🇳 交换 (jiāohuàn)
- 兑换 (duìhuàn)
- 交易所 (jiāoyì suǒ)
🇸🇮 menjava
- izmenjava
- borza
🇮🇸 skipti
- skiptimynt
- hlutabréfamarkaður
🇰🇿 айырбасу
- ауысу
- биржа
🇬🇪 გაცვლა
- გადაცვლა
- ბირჟა
🇦🇿 dəyişmə
- mübadilə
- birja
🇲🇽 intercambio
- cambio
- bolsa