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Meaning of trade-in

trade-in

Pronunciation: (trād'in"), [key]
— n.
  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.
—adj.
  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.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.