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English definition of “trade up/down”

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trade up/down

verb uk phrasal verb with trade   /treɪd/ us  
to buy something, usually a house or car, that is of higher or lower value than the one you already have: My car is costing me too much to run, so I'm going to trade down to a cheaper model.
Translations of “trade up/down”
in Chinese (Traditional) 買更貴/更便宜的東西(通常指房子或汽車)…
in Chinese (Simplified) 买更贵/更便宜的东西(通常指房子或汽车)…
(Definition of trade up/down from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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