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
00:10
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is always a great word to know.
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