Definition for EX-CHANGE'

EX-CHANGE', v.t. [Fr. echanger; Arm. eceinch; from changer, ceinch, to change.]

  1. In commerce, to give one thing or commodity for another; to alienate or transfer the property of a thing and receive in compensation for it something of supposed equal value; to barter; and in vulgar language, to swap; to truck. It differs from sell, only in the kind of compensation. To sell is to alienate for money; to exchange is to alienate one commodity for another; as, to exchange horses; to exchange oxen for corn.
  2. To lay aside, quit or resign one thing, state or condition, and take another in the place of it; as, to exchange a crown for a cowl; to exchange a throne for a cell or a hermitage; to exchange a life of ease for a life of toil.
  3. To give and receive reciprocally; to give and receive in compensation the same thing. Exchange forgiveness with me, noble Hamlet. Shak.
  4. To give and receive the like thing; as, to exchange thoughts; to exchange work; to exchange blows; to exchange prisoners. It has with before the person receiving the thing given, and for before the equivalent. Will you exchange horses with me? Will you exchange your horse for mine?

Return to page 115 of the letter “E”.