When someone says that something is "changing hands," it typically means that ownership or possession of that thing is being transferred from one person or entity to another. There are several different synonyms that can be used to describe this process, including "switching owners," "passing from one hand to another," "transferring possession," or "conveying ownership." Additionally, depending on the context, other terms may be more appropriate. For example, in the context of a business transaction, terms like "selling," "acquiring," or "purchasing" may be more precise synonyms for "changing hands." Regardless of the wording, whenever something is changing hands, there is a sense of transition and transformation that is taking place.