GNU Collaborative International Dictionary of English

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1.       
   Exchange, v. t. [imp. & p. p. Exchanged (?); p. pr. & vb. n. Exchanging (?).] [Cf.OF. eschangier, F. échanger. See Exchange, n.]
   1. To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received.
   
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   Exchange his sheep for shells, or wool for a sparking pebble or a diamond. Locke.
   
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   2. To part with for a substitute; to lay aside, quit, or resign (something being received in place of the thing parted with); as, “to exchange a palace for cell”.
   
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   And death for life exchanged foolishly. Spenser.
   
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   To shift his being
   
   Is to exchange one misery with another. Shak.
   
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   3. To give and receive reciprocally, as things of the same kind; to barter; to swap; as, “to exchange horses with a neighbor; to exchange houses or hats.”
   
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   Exchange forgiveness with me, noble Hamlet. Shak.
   
   Syn. -- To barter; change; commute; interchange; bargain; truck; swap; traffic.
   
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