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 UK could try and remain neutral, but would struggle to avoid the crossfire, especially for the goods trade in pharmaceuticals and cars.

From BBC

"Until we ban the trade in personal data, we are not well protected enough."

From BBC

The drug trade in France has long been viewed as centred in the southern port city of Marseille, where at least 17 drug-related killings have been reported since the start of the year.

From BBC

Prime Minister Sir Keir Starmer said it is part of a plan to help create thousands of jobs and more trade in the UK.

From BBC

“I take a step back and think about my life over the last 10 years, I’m living the dream, you know?” said Heinicke, the backup quarterback who joined the Chargers in a trade in August.

From Los Angeles Times

Related Words

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• conduct
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• store