trade-in
[
treyd
-in]
/ˈtreɪdˌɪn/
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
3.
of or pertaining to the valuation of goods used in a trade-in:
trade-in price.
4.
of or pertaining to such a business transaction:
trade-in terms.
Origin
1920-25;
noun, adj. use of verb phrase
trade in
Examples from the web for
trade-in
His company invented the installment plan and the
trade-in
.
British Dictionary definitions for
trade-in
trade-in
noun
1.
a used article given in part payment for the purchase of a new article
a transaction involving such part payment
the valuation put on the article traded in
(
as modifier
):
a trade-in dealer
verb
2.
(
transitive, adverb
) to give (a used article) as part payment for the purchase of a new article