Definition of trade-in noun from the Oxford Advanced Learner's Dictionary

 

trade-in

 noun
noun
BrE
 
; NAmE
 
 
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a method of buying something by giving a used item as part of the payment for a new one; the used item itself the trade-in value of a car Do you have a trade-in? see also part exchange
See the Oxford Advanced American Dictionary entry: trade-in