exchange

UK: ɪksˈtʃeɪndʒ | US: ɪksˈtʃeɪndʒ

Definition
  1. n. the act of giving one thing and receiving another in return

  2. vt. to give something and receive something else in return

  3. n. a place where goods, currencies, or securities are traded

Structure
ex <out>change <alter>
Etymology

The word "exchange" originates from Old French eschangier, derived from Latin excambiare (ex- "out" + cambiare "to swap"). The root cambiare evolved into "change" in English, retaining the core idea of alteration or substitution. The prefix ex- emphasizes the outward or reciprocal nature of the action. Over time, "exchange" broadened from physical bartering to abstract trades (e.g., ideas, currencies).

Examples
  1. They exchanged gifts at the holiday party.

  2. The stock exchange opens at 9 AM.

  3. We need to exchange dollars for euros before the trip.

  4. Cultural exchange programs foster global understanding.

  5. The two teams exchanged leads throughout the game.