trade down
The phrase "trade down" is commonly used in finance, commerce, and sports to describe exchanging something for a less valuable or cheaper alternative.
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Definition
C1Finance
(technical, investment)To exchange an asset for one of lower value.
Example
- Investors decided to trade down their stocks in favor of more stable bonds.
B2Commerce
(general)To sell an item and replace it with a less expensive one.
Example
- They decided to trade down their luxury car for a more economical model.
C1Sports
(technical, draft)To exchange a higher selection in a player draft for a lower one.
Example
- The team chose to trade down from the first to the fifth pick in the draft.
Similar
Terms that have similar or relatively close meanings to "trade down":
trade upstraight tradesell downpart exchangetrade offmove downtime tradesell awayday trade