by AleMo September 18, 2016

An unfortunate event in which the woman you marry takes the role as the male of the house and leaves you looking like a bitch.
After the wedding, the groom knew he fell for the Laughlin Exchange when the bride forced him to partake in sexual intercourse involving a strap-on.
by Fruitloop72 November 1, 2021

Exchanging nudes
by ThabisoNgoepe June 26, 2017

Micheal:"Seth, did you hear what Carson and Nic did last night?"
Seth:"No, what?"
Micheal:"They did a bladder exchange!!"
Seth:"No, what?"
Micheal:"They did a bladder exchange!!"
by Connor&Seth November 15, 2017

The act of giving and receiving round balls around the holidays, mostly in a super secretive way almost similar to secret santa... But the present is much better ;)
Gina texted tim to see if he wanted to do an ornament exchange tonight.
Tim said he'd love to do an ornament exchange.
Tim said he'd love to do an ornament exchange.
by NieSonDen December 9, 2017

69, Sixty-nine, simultaneously eating pussy and sucking dicks, playing with the cat while eating a dog
by @Hip_Matter August 27, 2019

Bro 1: Bro I don't remember what i did yesterday
Bro 2: Did you get drunk?
Bro 1: no i took some pills
Bro 2: what kind of pills?
Bro 1: I don't know, it was a Pharm-Exchange
Bro 2: Did you get drunk?
Bro 1: no i took some pills
Bro 2: what kind of pills?
Bro 1: I don't know, it was a Pharm-Exchange
by sck-a-cck October 25, 2017
