English definition of Exchange

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Definition of exchange

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Exchange (n.) The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange.

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Cash :: Cash (v. t.) To pay, or to receive, cash for; to exchange for money; as, cash a note or an order..

Tolsey :: Tolsey (n.) A tollbooth; also, a merchants' meeting place, or exchange..

Tommy :: Tommy (n.) A truck, or barter; the exchange of labor for goods, not money..

Commutation :: Commutation (n.) The act of giving one thing for another; barter; exchange.

Trade :: Trade (v. i.) To barter, or to buy and sell; to be engaged in the exchange, purchase, or sale of goods, wares, merchandise, or anything else; to traffic; to bargain; to carry on commerce as a business..

Regreet :: Regreet (n.) A return or exchange of salutation.

Opposite :: Opposite (a.) Placed over against; standing or situated over against or in front; facing; -- often with to; as, a house opposite to the Exchange..

Permutation :: Permutation (n.) The act of permuting; exchange of the thing for another; mutual transference; interchange.

Usance :: Usance (v. t.) The time, fixed variously by the usage between different countries, when a bill of exchange is payable; as, a bill drawn on London at one usance, or at double usance..

Worth :: Worth (a.) That quality of a thing which renders it valuable or useful; sum of valuable qualities which render anything useful and sought; value; hence, often, value as expressed in a standard, as money; equivalent in exchange; price..

Honor :: Honor (n.) To accept and pay when due; as, to honora bill of exchange..

Commute :: Commute (v. t.) To exchange; to put or substitute something else in place of, as a smaller penalty, obligation, or payment, for a greater, or a single thing for an aggregate; hence, to lessen; to diminish; as, to commute a sentence of death to one of imprisonment for life; to commute tithes; to commute charges for fares..

Exchange :: Exchange (v. i.) To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes..

Stamp :: Stamp (v. t.) An offical mark set upon things chargeable with a duty or tax to government, as evidence that the duty or tax is paid; as, the stamp on a bill of exchange..

Counterchanged :: Counterchanged (a.) Exchanged.

Redraft :: Redraft (n.) A new bill of exchange which the holder of a protected bill draws on the drawer or indorsers, in order to recover the amount of the protested bill with costs and charges..

Banker :: Banker (n.) One who conducts the business of banking; one who, individually, or as a member of a company, keeps an establishment for the deposit or loan of money, or for traffic in money, bills of exchange, etc..

Interchangement :: Interchangement (n.) Mutual transfer; exchange.

Trade :: Trade (v. i.) To buy and sell or exchange property in a single instance.

Exchangeably :: Exchangeably (adv.) By way of exchange.