Definition of Reexchenge
Re`ëx*change" (r?`?ks*ch?nj"), v.
t. To exchange anew; to reverse (a previous
exchange).
Re`ëx*change" n. 1.
A renewed exchange; a reversal of an exchange.
2. (Com.) 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 indorsed,
and then taken up. Bouvier.
The rate of reëxchange 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. Reëxchange can not be cumulated.
Walsh.
- Webster's Unabridged Dictionary (1913)
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The correct Spelling of this word is: Reexchange
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