EXCHANGE n.
the pound sterling in the currency of France or the United States. The par of exchange rarely varies, and serves as a measure for the rise and fall of exchange that is affected by the demand and supply. Exchange is at par when, for example, a bill in New York, for the payment of one hundred pounds sterling in London,…
FACTITIVE a.
rtaining to that relation which is proper when the act, as of a transitive verb, is not merely received by an object, but produces some change in the object, as when we say, He made the water wine. Sometimes the idea of activity in a verb or adjective involves in it a reference to an effect, in the way of causality, in…