Meaning of part exchange | Babel Free
Definitions
A contract where one party pays money and supplies goods or services, and the other supplies goods or services in exchange.
Examples
“When I bought my new car, it was a part exchange: I traded in my old car and paid some cash along with it.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.