Exchange

Business, Legal & Accounting Glossary

Definition: Exchange




What is the dictionary definition of Exchange?

Dictionary Definition


  1. v. to trade or barter property, goods and/or services for other property, goods and/or services, unlike a sale or employment in which money is paid for the property, goods or services.
  2. the act of making a trade or barter. An exchange of “equivalent” property, including real estate, can defer capital gains taxation until the acquired property is sold.
  3. n. short for “Starker” exchange of investment real property to defer capital gains tax.

Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/exchange/
Modern Language Association (MLA):
Exchange. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 26, 2021 https://payrollheaven.com/define/exchange/.
Chicago Manual of Style (CMS):
Exchange. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/exchange/ (accessed: September 26, 2021).
American Psychological Association (APA):
Exchange. PayrollHeaven.com. Retrieved September 26, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/exchange/

Definition Sources


Definitions for Exchange are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 1 Views.