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exchange

noun
  1. (chess) the capture by both players (usually on consecutive moves) of pieces of equal value
    “the endgame began after the exchange of queens”
  2. (chess) gaining (or losing) a rook in return for a knight or bishop
    “black lost the exchange”
  3. the act of putting one thing or person in the place of another: 'he sent Smith in for Jones but the substitution came too late to help'
    substitutioncommutation
  4. reciprocal transfer of equivalent sums of money (especially the currencies of different countries)
    interchange
  5. the act of giving something in return for something received
    “deductible losses on sales or exchanges of property are allowable”
  6. the act of changing one thing for another thing
    “They were promised immortality in exchange for their disobedience.”
    interchange
  7. (sports) an unbroken sequence of several successive strokes
    rally
  8. a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
    centraltelephone exchange
  9. a workplace for buying and selling
  10. a mutual expression of views (especially an unpleasant one)
    “they had a bitter exchange”
  11. chemical process in which one atom or ion or group changes places with another
verb
  1. change over, change around, as to a new order or sequence
    switchswitch over
  2. exchange or replace with another, usually of the same kind or category
    changecommuteconvert
  3. exchange a penalty for a less severe one
    commuteconvert
  4. give to, and receive from, one another
    interchange
  5. put in the place of another
    interchange
  6. hand over one and receive another, approximately equivalent
    “exchange prisoners”