In chess, to win the exchange is to win a rook (castle) in exchange for either a bishop or knight. Since the value of the rook is considered five, and the knight and bishop about three (with the bishop counted as 3.5 by some, for its ability to checkmate when two are present), the two point win is referred to as 'the exchange'.
No, it is impossible to win back a piece in chess. It is only possible to "promote" your pawn to either a Queen, Rook, Knight or Bishop when it reaches the other end of the board.
Checkmate with the knight and bishop.
Bishop, Knight or Castle (Rook)
Either the bishop or the knight. I think the bishop.
yes, it is by the bishop. Yes, it is by the bishop 2 squares at each side of the board.
At the start of the game each knight is placed between rook and bishop .
Queen, Rook, Bishop, Knight, Pawn, King
Pawn, Knight, Bishop, Rook, Queen, and the King.
Knight, Bishop, King, Queen, Pawn and Rook
King, Queen, Bishop, Rook, Knight, Pawn