Trade-in

noun

Definitions

Noun
  1. 1
    property used as part payment for a new purchase
  2. 2
    an item of property that is given in part payment for a new one wordnet
  3. 3
    a transaction including such payment

    "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."

Etymology

Deverbal from trade in.

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