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

That's nearly $45 more than the current trade-in value for a 16GB model.

From The Daily Beast

Trade-in programs typically also pledge to wipe your device of data.

From The Daily Beast

A nearly 2-year-old 16GB iPhone 4S currently fetches as much as $230 in some trade-in programs (see chart below).

From The Daily Beast

The appeal of the trade-in is clear once you look at the numbers.

From The Daily Beast

Many trade-in programs also value phones differently by carrier and even color.

From The Daily Beast

Related Words

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