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trade-inan 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.
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.