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Meaning of “part exchange” in the English Dictionary

"part exchange" in British English

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part exchangenoun [S or U]

uk   /ˌpɑːt ɪksˈtʃeɪndʒ/  us   /ˌpɑːrt ɪksˈtʃeɪndʒ/ UK
(Definition of part exchange from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"part exchange" in Business English

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part exchangenoun [C or U]

(also part-exchange ) uk   us   UK COMMERCE
a way of buying a new object by giving your old one as part of the payment for it: in part exchange (for sth) The store took my old lap-top computer in part exchange for a later model. Over 50% of house sales in the area involved part exchange deals.

part exchangeverb [I or T]

(also part-exchange ) uk   us   COMMERCE
to buy a new object by giving your old one as part of the payment for it: We part-exchanged our old car for a newer model.
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(Definition of part exchange from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “part exchange”
in Chinese (Simplified) 部分抵价交易,以旧换新交易…
in Chinese (Traditional) 部分抵價交易,以舊換新交易…
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“part exchange” in Business English

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