Definition Of Exchange
It is called an exchange to the act and the
result of exchanging : to make a reciprocal change of one element for
another. When an exchange occurs, therefore, something is delivered and
something else is received.
For example: "In the summer I will travel to the
United States for an academic exchange" , "There was no
exchange of blows until the third round of the fight" , "The
exchange of letters between the writer and his lover was maintained for half a
century" .
There are multiple types of exchange. The trade ,
in fact, is an exchange of goods , where money is a good
rather than allow mediation between various products.Before the development of commercial activity, there
was barter . This practice consisted in the exchange of
objects without money as a mediator .
A person could deliver three
kilograms of corn and receive a chicken in return, to name one possibility.With the appearance of the currency , the exchange
of very different goods was promoted and the development of the market was
favored .
An academic exchange , on the other hand, is a
program that allows a student to settle in a different country to learn
their culture and language. Initially, the exchange implied
that, while a young man settled in a family house of another nation, his own
relatives received a foreign boy in his home.
At present, however,
the exchange of students can take place without a counterpart.
The idea of road exchange , finally, is used
in Peru to name the sector of intersection in different directions
of avenues of various levels.