Definition of "exchanging" []

• Present participle of exchange. (verb)

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• "A brilliant ploy by Palin - exchanging a real job (sort of) for a non-job ... er, con-job, an all-expenses-paid, big-money traveling side show around the U.S., courtesy of "the world-is-flat" rightsiders with dollars to burn and no sense at all."
• "Would you be interested in exchanging blog roll links?"
• "I read a few of your other posts and wanted to know if you would be interested in exchanging blogroll links?"