trade-in allowance

trade-in allowance
The amount allowed by an automobile or appliance dealer to a purchaser for his automobile or appliance turned in as part payment of the purchase price of a new automobile or appliance.

Ballentine's law dictionary. . 1998.

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  • trade-in price — / treɪd ɪn praɪs/, trade in allowance / treɪd ɪn əˌlaυəns/ noun an amount allowed by the seller for an old item being traded in for a new one …   Marketing dictionary in english

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  • allowance — Synonyms and related words: C ration, K ration, OK, abatement, acceptance, account, acknowledgment, adjustment, admission, agio, aid, alimony, allocation, allotment, allowing, annuity, apportionment, appreciation, appropriation, approximation,… …   Moby Thesaurus

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