Definition for RE-EX-CHANGE

RE-EX-CHANGE, n. [re and exchange.]

  1. A renewed exchange.
  2. In commerce, the exchange chargeable on the re-draft of a bill of exchange. The rate of re-exchange is regulated with respect in the drawer, at the course of exchange between the place where the bill of exchange was payable, and the place where it was drawn. Re-exchanges can not be cumulated. – Walsh.

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