Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “trade down”

trade down

phrasal verb with trade
 
 
/treɪd/ verb
COMMERCE, ECONOMICS to spend less money when you buy things than you did before: Economists predict that shoppers will trade down this season, bypassing full-price stores to save money at bargain chains.
COMMERCE to buy something, usually a house or car, that is of a lower value than the one you already have: You only gain if you own residential property as an investment or you are anticipating trading down.trade down to sth I'm trading down to a cheaper model.
(Definition of trade down from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of trade down?
Add Cambridge dictionaries to your browser to your website

Word of the Day

wave

to raise your hand and move it from side to side as a way of greeting someone, telling someone to do something, or adding emphasis to an expression

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More