Share this entry
trade down (or up)

Definition of trade down or up in English:

Sell something in order to buy something similar but less (or more) expensive: homeowners who want to trade up
More example sentences
  • This is fine for people who want to sell up and trade down in the market, but is frustrating for home owners who want to move up the housing ladder.
  • First-time buyers were drawn by the two and three-bedroom townhouses while many of the larger three-beds were sold to couples trading up.
  • Fancy selling your home and trading up to a larger, plusher pad in the near future?
See parent entry: trade
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove adverts and access premium resources