exchange, n. (14c) Commercial law. L The act of transferring interests, each in consideration for the other.
2. Money or negotiable instruments presented as payment; CURRENCY. See MEDIUM OF EXCHANGE. 3. The interchange or conversion of money. See FOREIGN EXCHANGE. 4. The payment of a debt using a bill of exchange or credit rather than money.
Printed copy · Anthology Volume 2, page 985Printed copy from The Tender For Law Anthology, Volume 2, page 985 (printed 14 June 2014). Added by this site; not part of the Facebook export.