Exchange

eks-chanj/', v. t. ("-changed (-chanjdO, -changing.] To give or take in return for something else; esp., in trade, to barter; to part with for a substitute, interchange, commute, bargain, swap, traffic. — v. i. To be changed or received in exchange for; to pa in exchange. — n. Act of giving or taking one thing in return for another, or of giving and receiving reciprocally; thing given for something received. ( Com.) Proce of settling accounts or debts between parties at a distance, without intervention of money, by exchanging orders or drafts, called hills of exchange. (Law.) A mutual grant of equal interests, the one in consideration of the other. Place where merchants and bankers of a city transact busine , at certain hours, — contr. into 'Change. — Exchangeable, a. — Exchangeability, n. — Exchan'ger, n.