Ex‐change″, 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.
Exchange his sheep for shells, or wool for a sparking pebble or a diamond. Locke.
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.
And death for life exchanged foolishly. Spenser.
To shift his being
Is to exchange one misery with another. Shak.
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.
Exchange forgiveness with me, noble Hamlet. Shak.
Syn. — To barter; change; commute; interchange; bargain; truck; swap; traffic.