Definitions (4)

1. Any organization, association or group which provides or maintains a marketplace where securities, options, futures, or commodities can be traded; or the marketplace itself.
2. To provide goods or services and receive goods or services of approximately equal value in return; here, also called barter.
4. Mortgage: A swap of similar property. For example, trading two pieces of real estate.

Use exchange in a sentence

The exchange was allowing for instant transactions, which made it easier for the investing public to buy securities.

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He was a foreign exchange student and got along with everyone very well, except a few of the meaner kids.

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You need to make sure that you look for the best deal possible any time you will be making a foreign exchange.

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