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TOEFL IELTS BNC: 1084 COCA: 1513

exchange

Word family 
Related topics: Economics, Military
ex·change1 /ɪksˈtʃeɪndʒ/ ●●○ S3 W3 noun  
1  giving/receiving 给予/接受 [countableC, uncountableU]EXCHANGE the act of giving someone something and receiving something else from them 交换，互换
exchange of
 an exchange of political prisoners
互换政治犯
in exchange for something
 I’ve offered to paint the kitchen in exchange for a week’s accommodation.
我提出愿意粉刷厨房，条件是让我免费住一周。
 Four of my cassettes for your Madonna CD is a fair exchange.
我用四盒磁带换你的麦当娜激光唱片很公平。
→ part exchange
2  argument/discussion 争论/讨论 [countableC]ARGUE a short conversation, usually between two people who are angry with each other 短时间的交谈〔通常指两人相互生气时〕
 a quiet exchange between the judge and the clerk
法官和书记员轻声交换意见
 The DJ was fired after a heated exchange (=a very angry conversation) on air with a call-in listener.
那个音乐节目主持人在节目中和一名打电话来的收听者大吵了一顿，之后就被解雇了。
3  exchange of ideas/information etc when people discuss or share ideas, information etc 意见/信息等交流
 The organization is dedicated to the free exchange of information.
该机构致力于信息的自由交流。
Examples from the Corpus
exchange of ideas/information etc• Click on an icon to begin an exchange of ideas.• Can an exchange of ideas across different languages be of any general value?• They defined administration as routine communication activities such as paperwork and exchange of information.• Clubs provide education, exchange of ideas and often show a profit.• Oppenheimer also knew that science can not proceed without the free exchange of information.• It does mean learning to cultivate the exchange of ideas and viewpoints.• Communication problems may occur in the exchange of information and the expression of emotion.• The key factor is the exchange of information to deal with international crime.
4  STH you buy 购买的商品 [countableC] the act of giving something you have bought back to the store where you bought it, for example because it does not work, fit etc, and taking something else instead 〔商品的〕调换
 The store’s policy is not to allow returns or exchanges.
该商店规定货品概不退换。
5  money 钱PE [uncountableU] a process in which you change money from one currency to another 〔货币的〕兑换
 Most capital cities have extensive exchange facilities.
大部分首府城市都有大量外汇兑换处。
6  students/teachers 学生/教师 [countableC]VISIT an arrangement in which a student, teacher etc visits another school or university to work or study 〔学生、教师等的〕互访，交换
on an exchange (with somebody)
 I’m here for one term, on an exchange with Dr. Fisher.
我在这里待一个学期，与费希尔博士作互访。
7  jobs/homes etc 工作/家庭等 [countableC] an arrangement in which you stay in someone’s home, do someone’s job etc for a short time while that person stays in your home, does your job etc 〔短期的〕住所[工作]交换
 Kate’s in New York on an employee exchange so she can get some more training.
凯特在纽约参加雇员交换，这样她可以受到更多的培训。
8  fight 战斗 [countableC]PMFIGHT an event during a war or fight when two people, armies etc shoot or fire missiles at each other 交火，交战
exchange of fire/gunfire 交火
9. BUILDING 建筑物corn/wool/cotton etc exchange TBBBBTa large building in a town that was used in the past for buying and selling corn, wool etc 玉米/羊毛/棉花等交易所 → labour exchange, stock exchange
Examples from the Corpus
corn/wool/cotton etc exchange• Numerous former corn exchanges have been converted into shopping arcades accordingly.• It's a long time since you could go to your local corn exchange and see international artists for ten bob.• March cotton rose 2. 04 cents to 84. 50 cents a pound on the New York Cotton Exchange.
n COLLOCATIONS – Meaning 2: a short conversation, usually between two people who are angry with each other
adjectives
a brief exchange (=a short conversation)
There followed a brief exchange between Mitti and Helga in German.
an angry exchange
His angry exchange with the referee earned him a yellow card.
a heated exchange (=a very angry conversation)
I overheard a heated exchange between John and his wife.
an acrimonious exchange formal (=in which people show their anger and criticize each other)
The newspaper article led to a series of acrimonious exchanges between leading scientists.
a sharp exchange (=one that shows someone disapproves of something or is annoyed)
The proposed bill provoked some sharp exchanges in the House of Commons.
a bitter exchange (=one in which people criticize each other with strong feelings of hate and anger)
There were bitter exchanges between them outside the court room.
a verbal exchange (=spoken rather than written)
The two boxers recently became involved in a heated verbal exchange.
n COLLOCATIONS – Meaning 5: a process in which you change money from one currency to another
ADJECTIVES/NOUN + exchange
currency exchange
We have seen wide fluctuations in rates of currency exchange this year.
foreign exchange (=money in the currency of a foreign country, that a country gets by selling goods abroad)
Timber is a vital source of foreign exchange earnings for the country.
exchange + NOUN
the exchange rate
What's the current exchange rate between the dollar and the euro?
an exchange market (=a financial market where different currencies are bought and sold)
The pound rose against the dollar on the world foreign currency exchange markets.
exchange controls (=limits on the amount of a currency people are allowed to exchange)
The government is going to impose stricter exchange controls.
n COLLOCATIONS – Meaning 6: an arrangement in which a student, teacher etc visits another school or university to work or study
ADJECTIVES/NOUN + exchange
a student exchange
Our college arranged student exchanges with four colleges in France.
a staff exchange
The staff exchange programme allows the company to share personnel with partner institutions abroad.
a cultural/scientific/academic exchange
The mayors of Tokyo and New York signed an agreement to encourage cultural exchanges between the cities.
Examples from the Corpus
exchange• Sale goods can be brought back to the store for an exchange or store credit.• an exchange of gunfire• During angry exchanges in Parliament the Prime Minister said he would not change existing policies.• That will become especially important in the coming global battle between exchanges for international securities-trading business.• a commodities exchange• A series of heated exchanges between the two governments followed.• In any negotiations there must be an honest exchange of information.• It is well within reason to expect help in this regard in exchange for further financial assistance.• In the case of exchanges it usually translates into a general contractual duty to act fairly.• It was obvious to me that they had been here before and that they were enjoying the exchange.• A further cause could result from the exchange of gas in and out of the bladder.• The exchange of prisoners took place on a bridge over the Mekong river.
exchange of• Collins had a brief exchange of words with some reporters.• Negotiators are considering the exchange of land for peace.
heated exchange• He had heard a heated exchange between Day and William Tidbury while they were in custody at Newbury.• Stevens and Golding at one point yesterday got into a heated exchange over remarks Stevens claimed Golding made last week.• That wasn't a truth he wanted to hear so there was quite a heated exchange.• Ken Clarke, having listened to one of our more heated exchanges, wondered if we would ever speak to each other again.• She was an only child and hated her parents' heated exchanges.• Welch and I had a rather heated exchange about the appropriateness of his editorial interference, which had caught me by surprise.• For a few minutes there were heated exchanges between the two.
on an exchange (with somebody)• Nigel Lawson's achievements on exchange and interest rates could be the deciding factor.• I had been in Moscow the previous December to sign an agreement on exchanges with the Union of Journalists.• It needs some sort of collective arrangement on exchange rates.• Exports were calculated based on an exchange rate of 123.77 yen in February against 125.59 a year ago.• Indeed, on an exchange, rules may often evolve out of practice, rather than viceversa.• Pressure on exchange rates in late 1989 resulted in calls for currency stabilization on the part of the leading industrialized countries.• Many firms do them on an exchange basis.
exchange of fire/gunfire• The police are claiming they were killed in an exchange of fire.
exchange2 ●●○ verb [transitiveT]  
1  EXCHANGE
a) to give someone something and receive the same kind of thing from them at the same time 交换，互换
 We exchange gifts at Christmas.
我们在圣诞节时交换礼物。
 At the end of the game, players traditionally exchange shirts with each other.
按照传统，比赛结束时两队队员互换球衣。
 We exchanged phone numbers.
我们交换了电话号码。
b) EXCHANGEto give someone something and receive something different from them 兑换；更换 SYN change
exchange something for something
 Where can I exchange my dollars for pounds?
我在哪里可以把美元兑换成英镑？
 Register
In everyday British English, people usually say swap or, in everyday American English, trade, rather than exchange: 在日常英国英语中，人们一般说swap，在日常美国英语中一般说trade，而不说exchange
Do you want to swap (British EnglishBrE)/trade (American EnglishAmE) seats with me?
你想和我换座位吗？
2  to replace one thing with another 调换，更换 SYN swap
3  exchange words/looks etc (with somebody) if two people exchange words, looks etc, they talk to each other, look at each other etc (与某人)交谈/对视等
Examples from the Corpus
exchange words/looks etc (with somebody)• He and Kemp pound down the stairway, exchanging words.• Hughes exchanged words with umpire Steve Randell after a confident appeal against Richie Richardson was turned down when he was on 47.• I would hear the women exchange words with Miss Fingerstop.• Linda buried herself in the crowd, exchanging words with this one and that and heading for the bar.• Nurses busily went up and down, sometimes pausing to exchange words and careless laughter.• The patients loved it and several laughed out loud at her antics, while Martha and Yvonne exchanged looks of glee.• They exchanged looks full of sadness, as if they had both lost something.• They exchanged words, not all of which appeared to be in jest.
4. exchange blows (with somebody) if two people exchange blows, they hit each other (跟某人)打架
Examples from the Corpus
exchange blows (with somebody)• They rolled over and over on the damp moss, exchanging blows and vile words until finally Topaz's strength ran out.• Two figures were battling furiously, exchanging blows as they materialized.• While the men exchanged blows the girl struck Farini from behind with a blunt instrument.
5  exchange information/ideas etc EXCHANGEto discuss something or share information, ideas etc 交流信息/想法等
Examples from the Corpus
exchange information/ideas etc• Bulletin boards are a low-tech way to exchange information.• Meeting together at a disability arts event can also provide rare opportunities for disabled people to exchange ideas.• The meetings provided an opportunity to exchange information about future events and to discuss problems of mutual interest.• As they exchanged ideas and memories, both felt richer.• He needs to be able to exchange ideas, express moods and emotions.• There are no formal ties between the national clearinghouses but they maintain regular contact, and exchange information, newsletters and materials.• Both sides also agreed to exchange information on a weekly basis between senior military commanders on troop deployments and movements.• Children exchange information with one another in their conversations and learn to view events from the position of others.
6. exchange contracts especially British EnglishBrEBBTEXCHANGE to complete the final stage of buying a house by signing a contract with the person you are buying it from 〔与卖方签署并〕交换购房契约
Examples from the Corpus
exchange contracts• Accordingly, no account is taken of unrealised profits or losses arising on such forward exchange contracts.• Every buyer, lessee and mortgagee of property in or in the vicinity of a coalmining area should search before exchanging contracts.• One person close to Disney said the two parties have exchanged contracts and expect to close the transaction this month.• Once the hammer has fallen, the successful bidder for a house must exchange contracts immediately and pay a deposit.• She had to go through with it now, as she had exchanged contracts on the house.• Once you have exchanged contracts, the countdown to completion and the day of your move begins.• Don't exchange contracts until you and your client are satisfied on every point and in particular about adoption of roads and drains.• A good resolution before you exchange contracts would be to stand back and have a really long look at the wood!
—exchangeable adjectiveadj
n THESAURUS
exchange to give something to someone, and receive a similar thing from them at the same time. Exchange is often used about people telling each other about their ideas, phone numbers, addresses etc
They exchanged photographs before they met.
a place where people can exchange ideas
We exchanged email addresses.
if you are unhappy with the jacket, you can always take it back and exchange it for another one.
These coupons can be exchanged for meals and accommodation.
change to exchange something, especially money. Also used in British English about exchanging something you have bought for something different
I need to change some dollars.
She changed all her money into euros.
We thought it was time we changed our car for something more modern.
swap (also do a swap BrE) informal to give something to someone, who gives you something similar
The two schools use the Internet to swap pictures, stories, and jokes.
I like your room better – do you want to do a swap?
trade (also do a trade American EnglishAmE) to exchange something that you have for something that someone else has
The stolen phones are being traded for drugs.
The boys trade sports cards on the playground.
We've got lots of plants we don't need – do you want to do a trade?
switch to change the places of two or more people or things, so that each one is in the place the other was before
Can I switch seats with you?
reciprocate to do or give something, because someone has done or given something similar to you – a rather formal use
They invited us to dinner a while ago, and I'd like to reciprocate.
in exchange/return (for something) if you give something in exchange or in return for something else, you give it in order to get something else back
Williams will plead guilty in exchange for a reduced sentence.
Examples from the Corpus
exchange• First Bank System has offered to exchange 2. 6 of its shares for each First Interstate share in the proposed acquisition.• Did you exchange any money before your trip?• Grant rode down to the river to exchange congratulations with Admiral Porter on their joint victory.• Foreign currency can be exchanged for sterling at any bank.• My family still exchanges gifts at Christmas.• As Sally approached wearing her new dress, the others exchanged glances and tried not to laugh.• The two men were exchanging insults and accusing each other of mismanagement.• This shirt is too big. Can I exchange it?• None of the passengers exchanged names and addresses-they were too distraught.• We exchanged phone numbers, but I don't think I'll call him.• The volunteer returned once a week to ask the patient if he or she wanted to exchange the prints for others.• Sometimes the food they bring runs out and they have to exchange their precious maize for a few mangoes.• I would be glad to exchange them for the same face value as the increasingly worthless and derisory folding stuff.• I wish to exchange this flash-of-lightning faith for continuous daylight, this fever-glow for a benign climate.• Danny and his lawyer exchanged uneasy looks.• Bellamy exchanged wild shots with MacLane as we left the captain in the middle of the road.
exchange something for something• I need to exchange these dollars for pesos.• In 1960 a trade agreement was made to exchange Cuban sugar for Soviet oil.
From Longman Business Dictionary
exchangeex·change1 /ɪksˈtʃeɪndʒ/ noun
1[countableC]FINANCE a market where goods, services, or shares are bought and sold, in return for money
the London International Financial Futures Exchange
the London Metal Exchange
→ commodity exchange → futures exchange → mercantile exchange → options exchange → stock exchange
2COMMERCE corn/wool/cotton exchange a large building in a town, that was used in the past for buying and selling corn, wool etc
an historic old corn exchange
3[uncountableU] (also foreign exchange)FINANCE the activity of buying and selling currenciesSYN FOREX
We have recently seen the removal of exchange controls (=limits on the amount of currency you are allowed to exchange).
huge foreign exchange deals
They also made healthy profits in their foreign exchange operations.
→ see also exchange rate
→ direct exchange → indirect exchange
4[uncountableU]FINANCE money in the currency of a foreign country, for example money obtained through exports
When oil prices were depressed, Mexico made a great effort to promote manufactured exports as an alternative source of foreign exchange.
The Suez Canal is one of Egypt’s main foreign exchange earners.
5[countableC, uncountableU] when you accept one thing in return for another
the exchange of goods and services
Tickets cannot be accepted back for exchange or re-sale.
→ information exchange
6[countableC]JOB an arrangement in which two people from different countries, areas etc do each other’s jobs for a period of time
He was on a six-month exchange at the factory where her father was works manager.
exchangeexchange2 verb [transitiveT]
1to give someone something and receive something in return
The new system allows marketing data as well as orders and invoices to be exchanged.
exchange something for something
Around £2 billion is exchanged for chips in casinos every year.
2COMMERCEif a shop or company exchanges something you have bought, they take it back and give you a new one, for example because the thing you first bought has a fault
The store will not exchange goods without a receipt.
3if you exchange money, you get money in one currency for money in another
Where can I exchange my dollars for pounds?
4exchange contracts British EnglishBrEPROPERTY to complete the final stage of buying a house or other property by signing a contract with the person you are buying it from
The firm had just exchanged contracts on a nine-acre site.
→ see also exchange of contracts
ex·change1 noun →n COLLOCATIONS1 →n COLLOCATIONS2
→n COLLOCATIONS3exchange2 verb →REGISTER1 →n THESAURUS1
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