trade in
Definition
Sales promotion technique in which the buyers are offered a fixed discount (called trade-in allowance) on the price of a new model or item in exchange for a older model or item.
trade in is in the Advertising, Marketing, & Sales subject.
trade in appears in the definitions of the following terms:
market price,
International Standards Organization (ISO),
trade in allowance,
countertrade,
invisibles,
visible trade,
entrepot,
General Agreement on Tariff and Trade (GATT),
momentum,
World Trade Organization (WTO)
and
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