exchange : Idioms & Phrases

Index

Acceptance of a bill of exchange, check, draft, ∨ order

  • is an engagement to pay it according to the terms. This engagement is usually made by writing the word "accepted" across the face of the bill.
Webster 1913

american stock exchange

  • noun a stock exchange in New York
    AMEX; Curb.
WordNet

Arbitration of exchange

  • . See under Arbitration.
Webster 1913

Bill of exchange

  • noun a document ordering the payment of money; drawn by one person or bank on another
    order of payment; draft.
WordNet
  • (Com.), a written order or request from one person or house to another, desiring the latter to pay to some person designated a certain sum of money therein generally is, and, to be negotiable, must be, made payable to order or to bearer. So also the order generally expresses a specified time of payment, and that it is drawn for value. The person who draws the bil is called the drawer, the person on whom it is drawn is, before acceptance, called the drawee, after acceptance, the acceptor; the person to whom the money is directed to be paid is called the payee. The person making the order may himself be the payee. The bill itself is frequently called a draft. See Exchange. Chitty.
Webster 1913

charge-exchange accelerator

  • noun an accelerator in which high-energy ions escape from plasma following charge exchange
WordNet

commodities exchange

  • noun an exchange for buying and selling commodities for future delivery
    commodities market; commodities exchange.
WordNet

commodity exchange

  • noun an exchange for buying and selling commodities for future delivery
    commodities market; commodities exchange.
WordNet

corn exchange

  • noun an exchange where grains are bought and sold
WordNet

Exchange broker

  • . See under Broker.
Webster 1913

exchange premium

  • noun a fee charged for exchanging currencies
    premium; agio; agiotage.
WordNet

exchange rate

  • noun the charge for exchanging currency of one country for currency of another
    exchange rate.
WordNet

exchange traded fund

  • noun a mutual fund that is traded on a stock exchange
    ETF.
WordNet

exchange transfusion

  • noun slow removal of a person's blood and its replacement with equal amounts of a donor's blood
WordNet

foreign exchange

  • noun the system by which one currency is exchanged for another; enables international transactions to take place
WordNet

futures exchange

  • noun a commodity exchange where futures contracts are traded
    futures market; forward market.
WordNet

ion exchange

  • noun a process in which ions are exchanged between a solution and an insoluble (usually resinous) solid; widely used in industrial processing
WordNet

Medium of exchange

  • noun anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
    monetary system.
WordNet
  • that which is used for effecting an exchange of commodities money or current representatives of money.
Webster 1913

n. y. stock exchange

  • noun a stock exchange in New York
    NYSE; big board; N. Y. Stock Exchange.
WordNet

new york stock exchange

  • noun a stock exchange in New York
    NYSE; big board; N. Y. Stock Exchange.
WordNet

Par of exchange

  • the established value of the coin or standard of value of one country when expressed in the coin or standard of another, as the value of the pound sterling in the currency of France or the United States. The par of exchange rarely varies, and serves as a measure for the rise and fall of exchange that is affected by the demand and supply. Exchange is at par when, for example, a bill in New York, for the payment of one hundred pounds sterling in London, can be purchased for the sum. Exchange is in favor of a place when it can be purchased there at or above par.
Webster 1913

photochemical exchange

  • noun an exchange produced by the chemical action of radiant energy (especially light)
WordNet

post exchange

  • noun a commissary on a United States Army post
    PX.
WordNet

Presentment of a bill of exchange

  • the offering of a bill to the drawee for acceptance, or to the acceptor for payment. See Bill of exchange, under Bill.
Webster 1913

rate of exchange

  • noun the charge for exchanging currency of one country for currency of another
    exchange rate.
WordNet

securities and exchange commission

  • noun an independent federal agency that oversees the exchange of securities to protect investors
    SEC.
WordNet

Stock exchange

  • noun an exchange where security trading is conducted by professional stockbrokers
    stock market; securities market.
WordNet
  • . (a) The building or place where stocks are bought and sold; stock market; hence, transactions of all kinds in stocks . (b) An association or body of stockbrokers who meet and transact business by certain recognized forms, regulations, and usages . Wharton. Brande & C.
Webster 1913

Telephone exchange

  • noun a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
    central; exchange.
WordNet
  • a central office in which the wires of any two telephones or telephone stations may be connected to permit conversation.
Webster 1913

To raise a check, note, bill of exchange

  • etc., to increase fraudulently its nominal value by changing the writing, figures, or printing in which the sum payable is specified. or money order
Webster 1913