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What does exchange mean?

Looking for the meaning or definition of the word exchange? Here's what it means.

Noun
  1. An act of exchanging or trading.
  2. A place for conducting trading.
  3. A telephone exchange.
  4. (telephony, US only?) The fourth through sixth digits of a ten-digit phone number (the first three before the introduction of area codes).
  5. A conversation.
  6. (chess) The loss of one piece and associated capture of another
    1. (usually with "the") The loss of a relatively minor piece (typically a bishop or knight) and associated capture of the more advantageous rook
  7. (obsolete) The thing given or received in return; especially, a publication exchanged for another.
  8. (biochemistry) The transfer of substances or elements like gas, amino-acids, ions etc. sometimes through a surface like a membrane.
Verb
  1. (transitive) To trade or barter.
  2. (transitive) To replace with, as a substitute.
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