(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"
underestimate the real value or ability of; "Don't sell your students short--they are just shy and don't show off their knowledge"
sell securities or commodities or foreign currency that is not actually owned by the seller, who hopes to cover (buy back) the sold items at a lower price and thus to earn a profit
a surface excavation for extracting stone or slate; "a British term for `quarry' is `stone pit'"
a trap in the form of a concealed hole
a sizeable hole (usually in the ground); "they dug a pit to bury the body"
a concavity in a surface (especially an anatomical depression)
remove the pits from; "pit plums and cherries"
set into opposition or rivalry; "let them match their best athletes against ours"; "pit a chess player against the Russian champion"; "He plays his two children off against each other"