Exchanges
/ɪksˈtʃeɪndʒɪz/
Definitions
- (n.) The act or process of giving one thing and receiving another in return, especially in a legal or commercial context.
The contract facilitated the exchange of goods between the two companies.
- (n.) A marketplace or organized system where securities, commodities, or other financial instruments are traded.
She bought shares on the New York Stock Exchange.
Forms
- exchange
- exchanged
- exchanging
Related terms
See also
Commentary
In legal drafting, distinguish 'exchange' as an act from 'exchange' as a formal market; the plural 'exchanges' usually refers to multiple marketplaces rather than acts.
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.