part exchange
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See also: part-exchange
English
Noun
part exchange (plural part exchanges)
- A contract where one party pays money and supplies goods or services, and the other supplies goods or services in exchange.
- When I bought my new car, it was a part exchange: I traded in my old car and paid some cash along with it.
Verb
part exchange (third-person singular simple present part exchanges, present participle part exchanging, simple past and past participle part exchanged)
- (transitive) To supply (an item of goods), along with money, in exchange for other goods or services.