n. 交易所, 票据交换总额；市场, 外币兑换（exchange 复数形式）

n chemical process in which one atom or ion or group changes places with another

n a mutual expression of views (especially an unpleasant one)

n the act of changing one thing for another thing

n the act of giving something in return for something received

n a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication

n a workplace for buying and selling; open only to members

n (sports) an unbroken sequence of several successive strokes

n reciprocal transfer of equivalent sums of money (especially the currencies of different countries)

n the act of putting one thing or person in the place of another: "he sent Smith in for Jones but the substitution came too late to help"

n (chess) gaining (or losing) a rook in return for a knight or bishop

n (chess) the capture by both players (usually on consecutive moves) of pieces of equal value

v give to, and receive from, one another

v exchange or replace with another, usually of the same kind or category

v change over, change around, as to a new order or sequence

v hand over one and receive another, approximately equivalent

v put in the place of another; switch seemingly equivalent items

v exchange a penalty for a less severe one