Exchange, eks-tchaynj', v.a

to barter or give one thing or commodity for another [Comm.]; tolay aside, quit,. or resign one thing, state, or condition, for another; to give and receive reciprocally; interchange: v.n. to pa by exchange: s. the act of exchanging, in which the thing received is supposed to be equivalent to the thing given; the act of giving up or resigning one thing or state for another without contract; the act of giving and receiving reciprocally; the contract of exchange; the thing given or the thing received in exchange; the form of exchanging one debt or credit for another, or settling by order, draft, or bill of exchange; the place where the merchants, brokers, and bankers of a city meet to transact busine at certain hours. The course of exchange, the current price between two places, which is above or below par, or at par. Arbitration of Exchange, the calculation of the profit of exchanges at different places. Bill of Exchange, a written order directing one party to pay a sum of money to another. (L. ex, and change)