Pronunciation: /treɪd ɪn/
noun a commercial transaction involving the buying and selling of goods or services
A1 I want to do a trade in for my old phone.
A2 She decided to trade in her car for a newer model.
B1 The company offers a trade in program for customers to exchange their old products for new ones.
B2 He made a trade in at the pawn shop to get some quick cash.
C1 The trade in value of the vehicle was lower than expected.
C2 The trade in policy of the store allows customers to upgrade their items easily.
verb to exchange something for something else, typically of the same value
A1 I want to trade in my old phone for a new one.
A2 She decided to trade in her car for a more fuel-efficient model.
B1 Many people choose to trade in their electronics for store credit.
B2 The company offers a program where customers can trade in their old products for a discount on new ones.
C1 Investors often trade in commodities such as gold and oil.
C2 The organization has a policy to trade in outdated equipment for newer, more advanced technology.
preposition used to indicate the action of exchanging something for something else
A1 I want to trade in my old phone for a new one.
A2 She decided to trade in her car for a more fuel-efficient model.
B1 The company offers a program where you can trade in your used electronics for store credit.
B2 He plans to trade in his stocks for bonds in order to diversify his portfolio.
C1 Investors often trade in commodities such as gold and oil to hedge against inflation.
C2 The art collector decided to trade in some of his pieces for a rare masterpiece.
formal Many companies offer a trade-in program for old electronics when you purchase a new one.
informal You can trade in your old phone for a discount on a new one.
slang I'm thinking of trading in my car for a newer model.
figurative Sometimes it's necessary to trade in old habits for new ones in order to grow.
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