Exchange
/ɪksˈtʃeɪndʒ/
Definitions
- (n.) The act of giving one thing and receiving another in return.
The exchange of contracts finalized the property deal.
- (n.) A marketplace or system where securities, commodities, or services are traded.
He invested heavily on the stock exchange.
- (v.) To give something and receive something else in return.
They decided to exchange addresses after the meeting.
Forms
- exchanges
- exchanged
- exchanging
Related terms
See also
Commentary
In legal contexts, 'exchange' often denotes mutual transfer of obligations or rights.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.