Exchanger
/ɪksˈtʃeɪndʒər/
Definitions
- (n.) A party that participates in the exchange of assets, rights, or obligations under a contract, such as a swap or trade agreement.
The exchanger transferred the currency as agreed in the contract.
Forms
- exchangers
Related terms
See also
Commentary
In legal contexts, 'exchanger' typically refers to a contract party engaged in asset or rights exchange, often under derivative or barter agreements. Clarify role and obligations within contracts to avoid ambiguity.
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.