Refund vs. Exchange
Difference Between Refund and Exchange
Refundverb
(transitive) To return (money) to (someone); to reimburse.
If you find this computer for sale anywhere at a lower price, we'll refund you the difference.Exchangenoun
An act of exchanging or trading.
All in all, it was an even exchange.an exchange of cattle for grainRefundverb
To supply again with funds.
to refund a railroad loanExchangenoun
A place for conducting trading.
The stock exchange is open for trading.Refundverb
To pour back.
Exchangenoun
A telephone exchange.
Refundnoun
An amount of money returned.
If the camera is faulty, you can return it to the store where you bought it for a full refund.Exchangenoun
The fourth through sixth digits of a ten-digit phone number (the first three before the introduction of area codes).
The 555 exchange is reserved for use by the phone company, which is why it's often used in films.NPA-NXX-1234 is standard format, where NPA is the area code and NXX is the exchange.Refundnoun
money returned to a payer
Exchangenoun
A conversation.
After an exchange with the manager, we were no wiser.Refundnoun
the act of returning money received previously
Exchangenoun
(chess) The loss of one piece and associated capture of another
Refundverb
pay back;
Please refund me my moneyExchangenoun
(usually with "the") The loss of a relatively minor piece (typically a bishop or knight) and associated capture of the more advantageous rook
Exchangenoun
(obsolete) The thing given or received in return; especially, a publication exchanged for another.
Exchangenoun
(biochemistry) The transfer of substances or elements like gas, amino-acids, ions etc. sometimes through a surface like a membrane.
Exchangenoun
(finance) The difference between the values of money in different places.
Exchangeverb
(transitive) To trade or barter.
I'll gladly exchange my place for yours.Exchangeverb
(transitive) To replace with, as a substitute.
I'd like to exchange this shirt for one in a larger size.Since his arrest, the mob boss has exchanged a mansion for a jail cell.Exchangenoun
chemical process in which one atom or ion or group changes places with another
Exchangenoun
a mutual expression of views (especially an unpleasant one);
they had a bitter exchangeExchangenoun
the act of changing one thing for another thing;
Adam was promised immortality in exchange for his disobediencethere was an exchange of prisonersExchangenoun
the act of giving something in return for something received;
deductible losses on sales or exchanges of property are allowableExchangenoun
a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
Exchangenoun
a workplace for buying and selling; open only to members
Exchangenoun
(sports) an unbroken sequence of several successive strokes;
after a short rally Connors won the pointExchangenoun
reciprocal transfer of equivalent sums of money especially the currencies of different countries;
he earns his living from the interchange of currencyExchangenoun
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 helpExchangenoun
(chess) gaining (or losing) a rook in return for a knight or bishop;
black lost the exchangeExchangenoun
(chess) the capture by both players (usually on consecutive moves) of pieces of equal value;
the endgame began after the exchange of queensExchangeverb
give to, and receive from, one another;
Would you change places with me?We have been exchanging letters for a yearExchangeverb
exchange or replace with another, usually of the same kind or category;
Could you convert my dollars into pounds?He changed his nameconvert centimeters into inchesconvert holdings into sharesExchangeverb
change over, change around, or switch over
Exchangeverb
hand over one and receive another, approximately equivalent;
exchange prisonersexchange employees between branches of the companyExchangeverb
exchange a penalty for a less severe one
