EXCHANGE OF SHARES
exchange of shares: translation
exchange of shares exˌchange of ˈshares noun exchanges of shares PLURALFORM [countable] FINANCE
when one company takes over another or joins with it, a part of the agreement that gives shareholders in each company shares in the other:
• The two telecommunication companies have moved closer to an alliance by announcing they will pursue an exchange of shares.
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exchange of shares UK US noun [C or U] UK (US exchange of stock)
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25% of the business was sold to Tarquin Ltd., by way of an exchange of shares.