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English definition of “trade sth in”

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trade sth in

verb uk phrasal verb with trade   /treɪd/ us  
to give something you own as part of your payment for something you buy, especially a new type of the same thing: He recently traded in his Jeep for a red Mercedes.
(Definition of trade sth in from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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