Sc. Law. [ad. med.L. *excambiōn-em (= excambium), f. excambiāre: see EXCAMB.] Exchange or barter, spec. of land.
[1540. Sc. Acts Jas. V., 25 Feb. (1814), II. 366. And counsalis þe kingis grace to geif for his gracis part of þe said excambium als mekle land as [etc.].]
1572. Sempill Ballates (1872), 147. Sic vane excambion can I not considder As marrow tratours and the trew togidder.
a. 1639. Spottiswood, Hist. Ch. Scot. (1655), 100. He gave in excambion the lands of Cambo in the same parish.
1754. Erskine, Princ. Sc. Law (1809), 143. The grant, by which the lands are exchanged, is expressly said to be an excambion.
1861. W. Bell, Dict. Law Scot., s.v., The land which he has received in excambion.