trade-in

[treyd-in]

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.

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

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

verb

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

Word History and Origins

Origin of trade-in¹

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

Idioms and Phrases

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]

Example Sentences

The Chinese government, however, has been slow to expand social benefits, focusing instead on boosting consumption through short-term measures, such as trade-in programmes for household appliances and electronics.

From BBC

Escobar and six other union board members signed the Kelley Blue Book trade-in estimate with the higher mileage, dated December 2022, according to a copy of the document obtained by The Times.

From Los Angeles Times

State-backed trade-in schemes already covered televisions, phones, tablets and smart watches as well as electric and hybrid vehicles.

From BBC

But a lot of these shoppers fail to consider another key factor that can help save money: getting the best value for their trade-in vehicle.

From Seattle Times

"As part of the integration of Game, we will be phasing out the trade-in, pre-owned and Game Elite offerings in the UK over the coming months," a spokesperson for Frasers Group said.

From BBC

Related Words

• carry 
• conduct 
• control 
• enjoy 
• have 
• manage 
• place 
• preserve 
• put 
• retain 
• save 
• store