trade-in

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trade-in

an allowance made by a supplier to a customer against the price of a good when the customer simultaneously trades in an older version of the good. As such, trade-ins are a form of price DISCOUNT offered to customers to induce them to buy.

trade-in

The practice of a developer purchasing a buyer's existing home in order to facilitate purchase of one in the developer's new subdivision. Industry groups have asked the Department of Housing and Urban Development (HUD) for exemption of the practice from the FHA antiflipping regulations that deny FHA insurance if a house is purchased and then resold within 90 days,but HUD has been resistant to the idea.

References in periodicals archive ?
au, Apple store staff is currently being trained on the new trade-in programme while some sources claim that some stores in the US are already running a limited pilot programme.
Users wishing to get the most out of a trade-in need to be on the ball.
Trade-ins that result in an improvement of 10 or more miles per gallon qualify for a $4,500 subsidy; those resulting in a four to 10 mpg improvement are eligible for $3,500.
Sales * Service * Rentals * Trade-Ins * Upgrades * "No-Lift program.
Initially, prices are likely to be firm, with dealers looking to profit from reselling the desirable trade-ins.
Plastimach will now offer trade-ins as well as Maac Machinery technical service on new purchases.
For these customers, Play It Again Sports allows trade-ins of older equipment for its other products, which include used as well as new name-brand fitness equipment, weights, treadmills, stationary bikes, and home gyms.
Values across all used cars fell slightly last month because of the large number of trade-ins as people bought cars with the new Y plate.
Manufacturers would be under tremendous pressure to deliver trade-ins on recently bought engines for nonpolluting engines at a reasonable cost.
The researchers videotaped simulated sales pitches by 14 people -- 10 experienced retail salespersons and four automobile customers who had bargained over the price of at least three trade-ins.
Referral program promotes iPhone trade-ins with increased bonus to NextWorth referrers
iPad 5 release date seems to be coming very soon as iPhones are already out of the way and more deals and trade-ins are surfacing online.