Rē'-ex-chānge'1, v. t.
v. t. To exchange anew.
2 entries under this word
Re-exchange
Rē'-ex-chānge'2, n.
n. [Prefix re and exchange.]
- A renewed exchange.
- (Com.) The expense chargeable on a bill of exchange or draft which has been dishonored in a foreign country, and returned to that country in which it was made or indorsed, and then taken up. Bouvier.
The rate of re-exchange is regulated with respect to the drawer, at the course of exchange between the place where the bill of exchange was payable, and the place where it was drawn. Re-exchanges can not be cumulated. Walsh.