trade-in

Deverbal from trade in.

trade-in (plural trade-ins)

1. property used as part payment for a new purchase
2. a transaction including such payment
   • 1962 October, “The Latest in U.S. Main Line Diesels”, in Modern Railways, page 234, photo caption:

     The Alco design, although the least powerful of the three, claims an economy advantage in its use of a V-12 engine instead of the usual V-16; moreover, Alco offers excellent trade-in terms.

• trade in

• antired, detrain, natride, tan ride, trained