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trade-last

[treyd-last, -lahst]
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noun
  1. Informal Older Use. a compliment that one has heard and that one offers to tell the person so complimented under the condition that that person will first report a compliment made about oneself. Abbreviation: T.L.
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Origin of trade-last

An Americanism dating back to 1890–95
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for trade-last

trade-last

noun
  1. US informal a compliment that one has heard about someone, which one offers to tell to that person in exchange for a compliment heard about oneself
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012