An archaic spelling of 'exchange,' referring to the act of trading or swapping goods, currency, or property.
From Old French 'eschange,' from 'ex-' plus 'cambire' (to barter). The spelling reflects medieval French-influenced English before standardization.
Medieval merchants used 'eschaunge'—the word shows how spelling was flexible before dictionaries. 'Exchange' and 'eschaunge' were the same word, written differently depending on the scribe's training and region.
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