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Longman Dictionary of Contemporary English
trade-in
noun
EXAMPLES FROM OTHER ENTRIES
▪ Your old computer isn't going to be worth much as a trade-in.
EXAMPLES FROM CORPUS
▪ Next came mortgage buy-downs, trade-ins of existing homes and extra landscaping.
▪ Nothing unusual in that, except that his trade-in was an S-class Merc.
▪ You negotiate the price of the model you want and pay a deposit either by cash or as a trade-in.
The Collaborative International Dictionary
trade-in

trade-in \trade-in\ n. 1. an item of property, such as an automobile, that is given in part payment for a new one.

Douglas Harper's Etymology Dictionary
trade-in

1917, in reference to used cars, from verbal phrase, from trade (v.) + in (adv.).

Wiktionary
trade-in

n. 1 property used as part payment for a new purchase 2 a transaction including such payment

WordNet
trade-in

n. an item of property that is given in part payment for a new one

Usage examples of "trade-in".

There were better deals, involving time-shares and trade-ins, and leasebacks, all of which could be explained by the sales reps who were standing nearby ready to do business.

The opulently upholstered settees and armchairs and bar-stools, dark green leather with gold piping, would have cost another fortune, even the trade-in value of the beaten copper tables scattered carelessly about the carpet would have fed a family of five for a year.

Prior to her capture and trade-in by the clan M'CalI, she had saved Steve's life, and he had made up his mind to rescue her along with Cadillac and Clearwater -just as he had vowed to get even with Gus White.

I do remember that he wrote her sticker price was just a tad under $3000, but he jewed em down , as he put it, to $2100 with the trade-in.