reexchange

plural reexchanges · alternative reëxchange · alternative re-exchange

1. A renewed exchange.
2. A reversal of an exchange.
3. businessThe expense chargeable on a bill of exchange or draft that has been dishonoured in a foreign country and returned to its country of origin, and then taken up.

   In England , the drawer of a bill was found liable for the whole amount of the reexchange, occasioned by the circuitous mode of returning the bill through the various countries in which it had been negotiated

   1807, William Glen, A Treatise on the Law of Bills of Exchange, Promissory Notes, Bank-Notes and Cheques

present singular third person reexchanges · participle present reexchanging · participle past reexchanged · past reexchanged · alternative reëxchange · alternative re-exchange

1. transitiveTo exchange again or anew.