| exch | (chess) the capture by both players (usually on consecutive moves) of pieces of equal value |
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| exch | (chess) gaining (or losing) a rook in return for a knight or bishop |
| exch | the act of putting one thing or person in the place of another: "he sent Smith in for Jones but the substitution came too late to help" |
| exch | reciprocal transfer of equivalent sums of money especially the currencies of different countries |
| exch | the act of giving something in return for something received |
| exch | the act of changing one thing for another thing |
| exch | (tennis or squash) an unbroken sequence of several successive strokes |
| exch | a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication |
| exch | a workplace for buying and selling |
| exch | a mutual expression of views (especially an unpleasant one) |
| exch | chemical process in which one atom or ion or group changes places with another |
| exch | change over, change around, or switch over |