trade-in

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See also: trade in

English[edit]

Noun[edit]

trade-in (plural trade-ins)

  1. property used as part payment for a new purchase
  2. a transaction including such payment
    • 1962 October, “The Latest in U.S. Main Line Diesels”, in Modern Railways, page 234, photo caption:
      The Alco design, although the least powerful of the three, claims an economy advantage in its use of a V-12 engine instead of the usual V-16; moreover, Alco offers excellent trade-in terms.

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