Meaning & use

one for one exchange

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UK/ˌwʌn fə ˈwʌn ɪksˌtʃeɪndʒ/
US/ˌwʌn fɚ ˈwʌn ɪksˌtʃeɪndʒ/

Meanings

  1. phrasecountable

    An arrangement in which one item is given back for each item received, with no extra charge.

    Grammar: Often written with hyphens as 'a one-for-one exchange' when it comes before a noun.

    Patterns

    • a one for one exchange of something
    • do a one for one exchange
    • offer a one for one exchange

    The store offers a one for one exchange if the product is faulty.

    We agreed on a one for one exchange of books between the two schools.

    The airline gave passengers a one for one exchange for canceled flights.

  2. phrasecountablefigurative

    A situation in which one thing is directly matched or replaced by another of equal value.

    Grammar: Used more broadly to describe equal swaps, not just in shops.

    Patterns

    • a one for one exchange between A and B
    • be a one for one exchange

    The treaty was a one for one exchange of prisoners.

    Their friendship works as a one for one exchange of favors.

Word forms

pluralone for one exchanges

Common combinations

a one for one exchange policy
The company has a one for one exchange policy for defective items.
offer a one for one exchange
Many shops offer a one for one exchange within thirty days.
a one for one exchange of information
The two agencies agreed on a one for one exchange of information.
ask for a one for one exchange
She asked for a one for one exchange instead of a refund.

Synonyms and how they differ

swap
'Swap' is more informal and does not always suggest equal value, while 'one for one exchange' stresses an exact match.
trade-in
A trade-in usually involves a discount on a new item, whereas a one for one exchange gives an equal item.
replacement
A replacement simply means a new item instead of the old one, not necessarily an equal swap.

Word family

exchange verb
To give something and receive something else in return.
exchangeable adjective
Able to be exchanged for something else.

Commonly confused: one for one exchange or one-on-one? one for one exchange or one-to-one?

one for one exchange vs one-on-one

'One-on-one' means a private meeting or match between two people, while 'one for one' means an equal swap.

one for one exchange vs one-to-one

'One-to-one' describes a direct correspondence between two sets, often in math or teaching, not a swap of goods.

Practice

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