an act of giving one thing and receiving another (especially of the same kind) in return

negotiations should lead to an exchange of land for peace

opportunities for the exchange of information

the changing of money to its equivalent in the currency of another country

they provided me with currency exchange at competitive rates

a short conversation or an argument

there was a heated exchange

a move or short sequence of moves in which both players capture material of comparable value, or particularly the exchange in which one captures a rook in return for a knight or bishop

give something and receive something of the same kind in return

we exchanged addresses

he exchanged a concerned glance with Stephen