exchanges

exchanges — noun

1. a situation where two people or groups each hand over something — like gifts, id

1.名詞B1
釋義

a situation where two people or groups each hand over something — like gifts, ideas, money, or goods — and receive something else in return.

例句

Amira and her pen pal in Brazil began a long exchange of letters.

noun phrase: exchange of [things passed between two parties]

After the meeting, Haruto had a quick exchange of business cards with the visiting clients.

collocation: exchange of business cards

同義詞
  • trade

    more informal; often suggests goods rather than ideas or favours

  • swap

    casual register; usually small personal items

  • interchange

    more formal; often used of ideas or information

文法句型

exchange of [noun]

in exchange for [noun]

用法筆記

Frequently appears in the fixed phrase 'in exchange for', which marks what is given back. Distinguish from sense 2: this sense covers any reciprocal giving, while sense 2 is specifically a brief conversation.

常見錯誤

I gave him the book on exchange for the CD.
I gave him the book in exchange for the CD.
💡the fixed preposition is 'in', not 'on'.

2. a short spoken conversation, often a heated or sharp one, where two people answe

2.名詞B2
釋義

a short spoken conversation, often a heated or sharp one, where two people answer each other back and forth.

例句

Tanvi overheard a tense exchange between two neighbours about a noisy dog.

collocation: a tense / heated / angry exchange

The debate ended with a brief exchange about funding for the new library.

noun phrase: an exchange about [topic]

同義詞
  • argument

    stronger; suggests deeper disagreement, not a brief flare-up

  • spat

    informal; emphasises pettiness

  • dispute

    more formal; often longer and more serious

文法句型

a [heated/angry/brief] exchange

an exchange between [people]

用法筆記

Often plural ('exchanges') when describing an ongoing argument. Distinguish from sense 1: here the focus is words spoken, not goods or favours traded.

3. a planned program where students, teachers, or artists from one country live and

3.名詞B2
釋義

a planned program where students, teachers, or artists from one country live and study in another country for a short time, while someone from that country visits theirs.

例句

Sirin spent six months on an exchange in Seoul during her second year of university.

fixed phrase: on an exchange

The school runs an annual exchange with a partner school in Hamburg.

collocation: run an exchange with [partner]

同義詞
  • study abroad

    broader; covers any overseas study, not just two-way arrangements

文法句型

on an exchange

exchange student

exchange program

用法筆記

Commonly used as a modifier: 'exchange student', 'exchange program', 'exchange visitor'. Subject is usually an educational or cultural body.

4. a place, often a building or online platform, where people buy and sell company

4.名詞B2
釋義

a place, often a building or online platform, where people buy and sell company shares or other financial products in an organised way.

例句

Ziad bought his first shares through the Tokyo Stock Exchange last month.

proper noun: [City] Stock Exchange

The young company plans to list on the New York Exchange by next spring.

collocation: list on an exchange

同義詞
  • stock market

    broader; refers to the whole trading system, not a single venue

  • bourse

    formal; mostly used of European trading floors

文法句型

the [city] Stock Exchange

list on an exchange

用法筆記

Often appears in proper names like 'New York Stock Exchange' (NYSE) or simply 'the Exchange'. Object of verbs like 'list on', 'trade on', 'close'.

5. the act of changing money from one country's currency into another's, or the rat

5.名詞B2
釋義

the act of changing money from one country's currency into another's, or the rate at which one currency is changed for another.

例句

Christopher checked the day's exchange before swapping his dollars for euros.

noun: the day's exchange [rate]

The current rate of exchange between the yen and the pound has dropped sharply.

fixed phrase: rate of exchange

同義詞
  • conversion

    neutral term for changing one currency into another

文法句型

exchange rate

foreign exchange

用法筆記

Usually uncountable in this sense. Frequently appears in compounds: 'exchange rate', 'foreign exchange', 'currency exchange'. Distinguish from sense 4: here the focus is money conversion, not a trading venue.

exchanges — verb