trade-in


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Related to trade-in: trade-in value

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 ?
Letting go of any car is an emotional experience one in 10 people said the emotions were the hardest part of their last trade-ins.
United States : Drivers Get Pop Quiz on Selling Their Cars
Meanwhile, Apple CEO Tim Cook didn't dispel the rumours and said that he was not opposed to the in-store trade-ins idea.
Now, exchange your old iPhone for new model through Apple's trade-in programmeme
Apple's iPad accounts for 76 percent of the site's tablet trade-ins.
iPad trade-in rockets 500%
Used-car buyers have been unable to obtain titles for their vehicles because of the dealership's inability to pay off the trade-in liens, court records show.
DEALERSHIP OWES $600,000 IN LOANS, COURT PAPERS SAY
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