Definition of Xchange. Meaning of Xchange. Synonyms of Xchange

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Definition of Xchange

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Acceptance of a bill of exchange
Note: In modern law, proposal and acceptance are the constituent elements into which all contracts are resolved. Acceptance of a bill of exchange, check, draft, or 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. Acceptance of goods, under the statute of frauds, is an intelligent acceptance by a party knowing the nature of the transaction. 6. Meaning; acceptation. [Obs.] Acceptance of persons, partiality, favoritism. See under Accept.
Arbitration of Exchange
Arbitration Ar`bi*tra"tion, n. [F. arbitration, L. arbitratio, fr. arbitrari.] The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties. Note: This may be done by one person; but it is usual to choose two or three called arbitrators; or for each party to choose one, and these to name a third, who is called the umpire. Their determination is called the award. --Bouvier Arbitration bond, a bond which obliges one to abide by the award of an arbitration. Arbitration of Exchange, the operation of converting the currency of one country into that of another, or determining the rate of exchange between such countries or currencies. An arbitrated rate is one determined by such arbitration through the medium of one or more intervening currencies.
bill of exchange
Note: In some parts of the United States, notably in the Southern States, raise in also commonly applied to the rearing or bringing up of children. I was raised, as they say in Virginia, among the mountains of the North. --Paulding. (d) To bring into being; to produce; to cause to arise, come forth, or appear; -- often with up. I will raise them up a prophet from among their brethren, like unto thee. --Deut. xviii. 18. God vouchsafes to raise another world From him [Noah], and all his anger to forget. --Milton. (e) To give rise to; to set agoing; to occasion; to start; to originate; as, to raise a smile or a blush. Thou shalt not raise a false report. --Ex. xxiii. 1. (f) To give vent or utterance to; to utter; to strike up. Soon as the prince appears, they raise a cry. --Dryden. (g) To bring to notice; to submit for consideration; as, to raise a point of order; to raise an objection. 4. To cause to rise, as by the effect of leaven; to make light and spongy, as bread. Miss Liddy can dance a jig, and raise paste. --Spectator. 5. (Naut.) (a) To cause (the land or any other object) to seem higher by drawing nearer to it; as, to raise Sandy Hook light. (b) To let go; as in the command, Raise tacks and sheets, i. e., Let go tacks and sheets. 6. (Law) To create or constitute; as, to raise a use that is, to create it. --Burrill. To raise a blockade (Mil.), to remove or break up a blockade, either by withdrawing the ships or forces employed in enforcing it, or by driving them away or dispersing them. 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.
Exchange
Exchange Ex*change", v. i. To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.
Exchange broker
Broker Bro"ker (br[=o]"k[~e]r), n. [OE. brocour, from a word akin to broken, bruken, to use, enjoy, possess, digest, fr. AS. br[=u]can to use, enjoy; cf. Fries. broker, F. brocanteur. See Brook, v. t.] 1. One who transacts business for another; an agent. 2. (Law) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own. --Story. 3. A dealer in money, notes, bills of exchange, etc. 4. A dealer in secondhand goods. [Eng.] 5. A pimp or procurer. [Obs.] --Shak. Bill broker, one who buys and sells notes and bills of exchange. Curbstone broker or Street broker, an operator in stocks (not a member of the Stock Exchange) who executes orders by running from office to office, or by transactions on the street. [U.S.] Exchange broker, one who buys and sells uncurrent money, and deals in exchanges relating to money. Insurance broker, one who is agent in procuring insurance on vessels, or against fire. Pawn broker. See Pawnbroker. Real estate broker, one who buys and sells lands, and negotiates loans, etc., upon mortgage. Ship broker, one who acts as agent in buying and selling ships, procuring freight, etc. Stock broker. See Stockbroker.
Exchange editor
Exchange editor Ex*change" ed"i*tor An editor who inspects, and culls from, periodicals, or exchanges, for his own publication.
Exchangeability
Exchangeability Ex*change`a*bil"i*ty, n. The quality or state of being exchangeable. The law ought not be contravened by an express article admitting the exchangeability of such persons. --Washington.
Exchangeably
Exchangeably Ex*change"a*bly, adv. By way of exchange.
Exchanger
Exchanger Ex*chan"ger, n. One who exchanges; one who practices exchange. --Matt. xxv. 27.
Par of exchange
Par Par, n. [L. par, adj., equal. See Peer an equal.] 1. Equal value; equality of nominal and actual value; the value expressed on the face or in the words of a certificate of value, as a bond or other commercial paper. 2. Equality of condition or circumstances. At par, at the original price; neither at a discount nor at a premium. Above par, at a premium. Below par, at a discount. On a par, on a level; in the same condition, circumstances, position, rank, etc.; as, their pretensions are on a par; his ability is on a par with his ambition. Par of exchange. See under Exchange. Par value, nominal value; face value.
Presentment of a bill of exchange
Presentment Pre*sent"ment, n. 1. The act of presenting, or the state of being presented; presentation. `` Upon the heels of my presentment.' --Shak. 2. Setting forth to view; delineation; appearance; representation; exhibition. Power to cheat the eye with blear illusion, And give it false presentment. --Milton. 3. (Law) (a) The notice taken by a grand jury of any offence from their own knowledge or observation, without any bill of indictment laid before them, as, the presentment of a nuisance, a libel, or the like; also, an inquisition of office and indictment by a grand jury; an official accusation presented to a tribunal by the grand jury in an indictment, or the act of offering an indictment; also, the indictment itself. (b) The official notice (formerly required to be given in court) of the surrender of a copyhold estate. --Blackstone. 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.
Reexchange
Reexchange Re`["e]x*change" (r?`?ks*ch?nj"), v. t. To exchange anew; to reverse (a previous exchange).
Reexchange
Reexchange Re`["e]x*change" n. 1. A renewed exchange; a reversal of an exchange. 2. (Com.) The expense chargeable on a bill of exchange or draft which has been dishonored in a foreign country, and returned to the country in which it was made or indorsed, and then taken up. --Bouvier. The rate of re["e]xchange is regulated with respect to the drawer, at the course of exchange between the place where the bill of exchange was payable, and the place where it was drawn. Re["e]xchange can not be cumulated. --Walsh.
Telephone exchange
Telephone exchange Tel`e*phone ex*change" A central office in which the wires of telephones may be connected to permit conversation.

Meaning of Xchange from wikipedia

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