| SWOTUP | Trade union participating in exchange study |
| MALTA | In 1530, an island received by the Knights Hospitaller in a perpetual lease from the Holy Roman Emperor Charles V in exchange for an annual fee of a falcon (5) |
| BARTER | To trade in exchange of goods rather than money (6) |
| FOR | In place of in exchange against |
| RETROGRADE | Trade Roger in exchange for degenerate |
| TROMPELOEIL | More polite in exchange about line in realistic art form |
| SWAP | Exchange or give (something) in exchange for (4) |
| SLEUTH | Detective left in the US in exchange |
| INFLUENCE | ___, n. In politics, a visionary quo given in exchange for a substantial quid. |
| MAGICBEANS | What Jack got in exchange for a cow, in a children's story |
| BROWNIE | Rich square of chocolate cake; a hoblike being houseworking in secret at night in exchange for food; or, a member of the junior branch of the Guides Association (7) |
| POSTALORDERS | What the men of letters gave waiter, in a manner of speaking, were once written out in exchange for notes (6,6) |
| ENGINEER | Arrange courier to avoid mess, holding in latest in exchange (8) |
| FRESCO | In San Fran, I depart in exchange for oriental painting (6) |
| USD | Certain country's $, in exchange-rate tables |
| DROPINTHEBUCK | Fall in exchange rates? |
| QUIDPROQUOTE | Something done in exchange for a sound bite? |
| BRIBE | Illegal payment in exchange for favour (5) |
| BRIBES | Illegal payments in exchange for favours (6) |
| ALMAMATER | University takes two scholars in exchange (4,5) |