trade-in

noun \ ˈtrād-ˌin \

Definition of trade-in

: an item of merchandise (such as an automobile or refrigerator) taken as payment or part payment for a purchase

First Known Use of trade-in

1915

in the meaning defined above

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trade in

verb

Definition of trade in

1 : to turn in as payment or part payment for a purchase or bill
  • trade the old car in on a new one
2 : exchange 2

First Known Use of trade in

1891

in the meaning defined at sense 1

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TRADE-IN Defined for English Language Learners

trade-in

Definition of trade-in for English Language Learners

  • : something (such as a used car) that you sell to a business as part of your payment for something new



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