trade-in: Meaning and Definition of

trade-in

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.

1. of or pertaining to the valuation of goods used in a trade-in: trade-in price.
2. of or pertaining to such a business transaction: trade-in terms.