Exchange Company: An organization which exists to facilitate the exchange of banked timeshare weeks. The largest of these is RCI (Resort Condominiums International) followed by II (Interval International). Interval owners deposit weeks into an exchange company's bank. This establishes a selection of weeks from which members can choose. Exchange value of timeshare weeks is established based on the demand of each week, the rating of the resort, amenities, size of the unit, and other factors.

 

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Exchange Company: An organization which exists to facilitate the exchange of banked timeshare weeks. The largest of these is RCI (Resort Condominiums International) followed by II (Interval International). In . . . View Full Definition

Exchange: The process of trading intervals, credits or points at one resort for those at another resort, or in another unit at a home resort. This can allow owners to travel and vacation at various lo . . . View Full Definition

Moscow Interbank Currency Exchange (MICEX): Established in 1992, the most liquid and best organized financial exchange in Russia.

National Cheese Exchange (NCE): A now defunct private non-profit corporation that operated in Green Bay, Wisconsin. Every Friday morning for one-half hour, members of the NCE met to buy or sell cheddar cheese in 40-pound b . . . View Full Definition