exchange policy

Swap terms document

An exchange policy is a business's rules governing when and how customers can swap purchased items for different ones—typically a different size, color, or equivalent product.

Stores often distinguish between exchange policies and return policies: The store offers exchanges within 60 days but only refunds within 30.

Exchange policies may be more lenient than return policies since no money leaves the business.

Related

price tag · original packaging · store · customer service · merchandise · swap · trade · replacement · customer · counter · barter · commerce · haggle · negotiate · terms · conditions · return window · deadline

Categories
Opposites
consumer recourse flexibility

exchange policyall sales final

Purchase cannot be reversed

no returns · final sale · no refunds · as-is sale · money-back guarantee

type of consumer protection

exchange policywarranty

Formal repair promise

product guarantee · extended warranty · service contract · implied warranty · caveat emptor

Family

exchange, policy, exchanges, exchanged, exchanging, exchangeable, exchanger, policies, police

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G