trade down - definition in the Business English Dictionary - Cambridge Dictionaries Online

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

generous

willing to give money, help, kindness, etc., especially more than is usual or expected

Word of the Day

May I sit here? Asking for and giving permission.

by Liz Walter,
June 03, 2015
We often find ourselves in situations where we need to ask for permission or to reply to people who ask us for permission. Here are some words and phrases to help you do this in a natural way. The simplest way to ask for permission is with the modal verb can: Can

Read More 

ebolaphobia noun

June 01, 2015
irrational fear of the (spread of) the Ebola virus Ebolaphobia Going Viral

Read More