part exchange

noun

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.”

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Meanings

nounpart exchange (plural part exchanges)

plural part exchanges

  1. 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.

verbpart exchange (third-person singular simple present part exchanges, present participle part exchanging, simple past and past participle part exchanged)

present singular third person part exchanges · participle present part exchanging · participle past part exchanged · past part exchanged

  1. transitiveTo supply (an item of goods), along with money, in exchange for other goods or services.
Cite this entry
APA

part exchange. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/part%20exchange

MLA

“part exchange.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/part%20exchange. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “part exchange,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/part%20exchange.

Source: part exchange on Wiktionary, CC BY-SA 4.0.