exchange

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exchange flesh

To engage in sexual intercourse. The party atmosphere in college encourages many students to drink too much and exchange flesh with as many people as they can.
See also: exchange, flesh

private branch exchange

A telephone system within an institution or business that can only be used by the people inside that establishment. There was an issue with the private branch exchange this morning, but we hope to have the phones working again shortly.
See also: branch, exchange, private

didn't exchange more than three words with (one)

Didn't talk to one much or at length. I'm not sure how Lydia's doing—I didn't exchange more than three words with her at the dinner party.
See also: exchange, more, three, word

exchange (something) with (one)

To trade or swap something with someone else. Don't tell mom that I exchanged half of my sandwich with one of the others kids for a bag of chips. Mom wants us to save our money instead of exchanging Christmas gifts with each other this year.
See also: exchange

exchange (something) for (something)

To return or trade an item for something else. A noun or pronoun can be used between "exchange" and "for." These shoes are way too big—I need to exchange them for a smaller size. April wants to exchange one of her birthday gifts for something she likes better.
See also: exchange

exchange no more than (an amount of) words

To speak only briefly to someone. A certain number of words is stated after "than." I did see Miranda tonight, but we exchanged no more than three words, so I don't know how she's doing. Steve must be mad at me—we exchanged no more than two words all day.
See also: amount, exchange, more, no, word

have words (with someone)

To argue, quarrel, or speak angrily (with someone). John's having words with Danny over the phone bills he's been racking up. I'll have to have words with him if his behavior doesn't improve. It sounds like Tom and Mary are having words again.
See also: have, word

exchange words (with someone)

To argue, quarrel, or speak angrily (with someone). John exchanged words with Danny over the phone bills he's been racking up. I'll have to exchange words with him if his behavior doesn't improve. It sounds like Tom and Mary are exchanging words again.
See also: exchange, word

in exchange (for someone or something)

In order to get or obtain someone or something else. How about you give me those boots in exchange for my old jacket? I'm sure they'll give you a good bit of money in exchange for your silence on this issue. What can we give them in exchange for two hostages?
See also: exchange, someone

didn't exchange more than three words with someone

to say hardly anything to someone. (The number may vary.) I know Tom was there, but I am sure that I didn't exchange more than three words with him before he left. We hardly exchanged more than two words the whole evening. Sally and Liz didn't have enough time to exchange more than five words.
See also: exchange, more, three, word

exchange no more than

some number of words with someone and not exchange more than some number of words with someone; hardly exchange more than some number of words with someone; scarcely exchange more than some number of words with someone to say hardly anything to someone. (Always negative.) I know Tom was there, but I am sure that I didn't exchange more than three words with him before he left. We hardly exchanged more than two words the whole evening. Sally and Liz didn't have enough time to exchange more than five words.
See also: exchange, more, no

exchange something for something

to trade something for something else. I will exchange this one for a larger size. Can this be exchanged for something more suitable?
See also: exchange

exchange something with someone

to trade something with someone. I exchange Christmas presents with him, but I never see him otherwise. Let's exchange coats with each other.
See also: exchange

in exchange (for someone or something)

in return for someone or something. They gave us two of our prisoners in exchange for two of theirs. I gave him chocolate in exchange for some licorice. John gave Mary a book and got a sweater in exchange.
See also: exchange

substitute for someone or something

to serve as a replacement for someone or something. I have to substitute for Roger at work this weekend. Do you think that this will substitute for the one you wanted?
See also: substitute

substitute someone for (someone else)

 and substitute something for something else
to exchange someone or something for someone or something else; to replace someone or something with someone or something else. Shall I substitute Fred for Mary in the front office? Please substitute fish for beef on my dinner order.
See also: substitute

in exchange

Also, in exchange for. In return (for something or someone), as in Jim lent Bill his motorcycle, and Bill offered his car in exchange, or At the party, the guests were given cookies in exchange for the ones they brought. [Late 1500s]
See also: exchange

have/exchange ˈwords (with somebody) (about something)

(especially British English) argue or quarrel with somebody because you do not like the way they have behaved: I had to have words with him about his behaviour.They both got angry and had words.
See also: exchange, have, word
References in periodicals archive ?
2000-37 permits an EAT to borrow money from the exchanging party and for the latter to guarantee the EAT's construction loans.
1031, which requires exchanging partners to "hold" both the replacement property and the relinquished property for "productive use in a trade or business or for investment.
In another tax planning strategy, the former partners of a liquidated partnership hold their relinquished property tenancy-in-common interests for an extended period before exchanging them for the replacement property.
2002-22, the IRS will not issue a favorable ruling when the exchanging tenants-in-common previously held their property interests through a partnership.
If X is required to recognize gain on its outbound asset transfer (notwithstanding the "active conduct" exception of section 367(a)(3)), then only a portion of the realized gain of the exchanging shareholder of X may be subject to the indirect stock transfer rules.
If the transferred corporation disposed of "substantially all" of its assets (as that phrase is defined for purposes of section 368(a)(1)(C)) during the term of the GRA, then the transferee corporation would be considered to have disposed of the transferred stock, thereby triggering gain to the exchanging shareholder under the GRA.
A special rule would apply where the transferred corporation was domestic and the exchanging shareholder was a domestic corporation that owned at least 80 percent (by vote and value) of the transferred corporation's stock.
33) The section 1248 amount is the amount that would be treated as a dividend to the exchanging shareholder under section 1248 had the stock been exchanged in a taxable sale.