reexchange

noun

re·​exchange
"+
1
: a renewed or second exchange
2
a
: the process by which is recovered the expense chargeable on a bill of exchange or draft which has been dishonored in a foreign country and returned to the country in which it was made or endorsed to be there taken up
b
: the draft so drawn or the expense or percentage included in it

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Dictionary Entries Near reexchange

Cite this Entry

“Reexchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reexchange. Accessed 22 Dec. 2024.

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