trade-in

American  

[treyd-in] / ˈtreɪdˌɪn /

noun

1. goods given in whole or, usually, part payment of a purchase.

   We used our old car as a trade-in for the new one.

2. a business transaction involving a trade-in.

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adjective

1. of or relating to the valuation of goods used in a trade-in.

   trade-in price.

2. of or relating to such a business transaction.

   trade-in terms.

trade-in British  

noun

1. 1. a used article given in part payment for the purchase of a new article

   2. a transaction involving such part payment

   3. the valuation put on the article traded in

   4. ( as modifier )

      a trade-in dealer

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verb

1. (tr, adverb) to give (a used article) as part payment for the purchase of a new article

trade in Idioms  

1. Give or sell an old or used item and apply the value or proceeds to a new item. For example, Some people prefer to trade in their old car to the dealer, but we feel we'll do better by simply selling it. [First half of 1900s]

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Etymology

Origin of trade-in

First recorded in 1920–25; noun, adj. use of verb phrase trade in

Example Sentences

Cracks in the labor market and a pullback in government funding for a consumer trade-in program suggest that willingness to spend will remain tepid.

From The Wall Street Journal

Citi economists think government trade-in subsidies and travel during the Lunar New Year holiday could lend support to retail spending, while weak auto and phone sales could weigh.

From The Wall Street Journal

Starboard recommends CarMax improve its digital trade-in, optimize reconditioning, and expand its auto financing arm.

From Barron's

They said they are better equipped than the factory to service vehicles and give customers the best value for their trade-in cars.

From The Wall Street Journal

Various trade-in programs to subsidize household upgrades of everything from appliances to mobile phones haven’t triggered a durable shift toward greater domestic consumption.

From The Wall Street Journal

Related Words

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