TRADE-IN Definition & Meaning

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trade-in

[ treyd-in ]

Phonetic (Standard)IPA

noun

goods given in whole or, usually, part payment of a purchase:
We used our old car as a trade-in for the new one.
a business transaction involving a trade-in.

adjective

of or relating to the valuation of goods used in a trade-in:
trade-in price.
of or relating to such a business transaction:
trade-in terms.

trade-in

noun

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

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

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�y��vlog History and Origins

Origin of trade-in¹

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

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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]

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Example Sentences

Examples have not been reviewed.

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.

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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.

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

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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.

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"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.

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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