Exchange Privilege

Exchange Privilege,

Exchange Privilege:

Ability to transfer money from one mutual fund to another in the same group of mutual funds.

Literal Meanings of Exchange Privilege

Exchange:

Meanings of Exchange:
  1. The act of giving and receiving other people in return (especially of the same type or price).

Sentences of Exchange
  1. Negotiations led to land exchanges for peace

Synonyms of Exchange

swapping, barter, trafficking, change, switch, giving and taking, traffic, interchange, bandying, trade-off, trading, reciprocity, trade, swap

Privilege:

Meanings of Privilege:
  1. Special rights, benefits or protections that are granted or available to certain individuals or groups.

  2. Allow one or more.

Sentences of Privilege
  1. Education is a right, not a privilege

  2. The law of English inheritance gives this honor to the eldest child

Synonyms of Privilege

advantage, due, prerogative, right, benefit, entitlement, birthright