reexchange

See also: reëxchange

English

Alternative forms

• reëxchange (obsolete)
• re-exchange

Etymology

re- +‎ exchange

Pronunciation

• IPA^(key): /ˌɹiːɪksˈt͡ʃeɪnd͡ʒ/

Noun

reexchange (plural reexchanges)

1. A renewed exchange.
2. A reversal of an exchange.
3. (finance) The expense chargeable on a bill of exchange or draft that has been dishonoured in a foreign country and returned to its country of origin, and then taken up.
   • 1807, William Glen, A Treatise on the Law of Bills of Exchange, Promissory Notes, Bank-Notes and Cheques:

     In England , the drawer of a bill was found liable for the whole amount of the reexchange, occasioned by the circuitous mode of returning the bill through the various countries in which it had been negotiated

Verb

reexchange (third-person singular simple present reexchanges, present participle reexchanging, simple past and past participle reexchanged)

1. (transitive) To exchange again or anew.

References

• “reëxchange”, in Webster’s Revised Unabridged Dictionary, Springfield, Mass.: G. & C. Merriam, 1913, →OCLC.