an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services
(chess) the capture by both players (usually on consecutive moves) of pieces of equal value; "the endgame began after the exchange of queens"
(chess) gaining (or losing) a rook in return for a knight or bishop; "black lost the exchange"
reciprocal transfer of equivalent sums of money especially the currencies of different countries; "he earns his living from the interchange of currency"
the act of giving something in return for something received; "deductible losses on sales or exchanges of property are allowable"
the act of changing one thing for another thing; "Adam was promised immortality in exchange for his disobedience"; "there was an exchange of prisoners"
a workplace for buying and selling; open only to members
a mutual expression of views (especially an unpleasant one); "they had a bitter exchange"
chemical process in which one atom or ion or group changes places with another
give to, and receive from, one another; "Would you change places with me?"; "We have been exchanging letters for a year"
hand over one and receive another, approximately equivalent; "exchange prisoners"; "exchange employees between branches of the company"
(orthopedics) the act of pulling on a bone or limb (as in a fracture) to relieve pressure or align parts in a special way during healing; "his leg was in traction for several days"
(mathematics, logic) such that the arguments or roles can be interchanged; "the arguments of the symmetric relation, `is a sister of,' are interchangeable"
an agreement between parties (usually arrived at after discussion) fixing obligations of each; "he made a bargain with the devil"; "he rose to prominence through a series of shady deals"
an advantageous purchase; "she got a bargain at the auction"; "the stock was a real buy at that price"