trade down

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trade down

To exchange something larger or more expensive for something smaller or less expensive. A noun or pronoun can be used between "trade" and "down." They were forced to trade down their house after Jim lost his job and they could no longer afford the mortgage. A lot of people are trading their expensive cable TV packages down for low-cost digital streaming subscriptions.
See also: down, trade

trade down

Exchange for something of lower value or price, as in They bought a smaller boat, trading down for the sake of economy. Similarly, trade up means "make an exchange for something of higher value or price," as in They traded up to a larger house. [First half of 1900s]
See also: down, trade

trade down

v.
To trade something for something else of lower value or price: My SUV used a lot of gas, so I traded it down for a smaller, more economical car. My parents traded down their house for a condominium in Arizona.
See also: down, trade
References in periodicals archive ?
Scripps* (NYSE: SSP) is trading down 39 cents to $41.34.
There has been a slight softening of the economy - no trading down but somewhat lower average ticket sales, Marasca says.
Lonmin was trading down 1.29 percent to $9.80, down nearly 51 percent from its 52-week high of $19.85
Finsbury Food Group reported a fall in revenues after being hit by customers 'trading down'
"People are trading down quite a bit, that's no secret," said Bob Gibson.
People aren't willing to give up their lifestyles altogether but, instead, are trading down when possible to keep their routines intact.
The study, which surveyed nearly 1,000 households during September, found that while 43 percent of respondents were eating out less and 39 percent were trading down, only 10 percent had switched to cheaper brands of alcohol.
Shares of McClatchy are trading down 4 cents to $10.06 this afternoon.
Between 1998 and 2003 just under two-thirds of the money that was taken out of property was released by people trading down to a smaller house or ceasing to be homeowners completely.
Starbucks shares were trading down 2.21% at $94.63 in Wednesday's pre-market session.
315, 1.2 percent issue, the main barometer of long-term interest rates, ended interdealer trading down 0.005 percentage point from Tuesday's close at 1.100 percent.
Markets are and currently trading lower with FTSE 100 trading down by 49.67 points, DAX30 is trading down by 91.39 points and CAC 40 trading down by 56.99 points.
312, 1.2 percent issue, the main barometer of long-term interest rates, ended morning interdealer trading down 0.005 percentage point from Thursday's close to 1.300 percent.
European shares pulled back from early gains and are currently trading lower with DAX30 trading down by 23.57 points and CAC 40 is trading down by 14.63 points, while FTSE 100 is trading up by 10.26 points.
312, 1.2 percent issue, the main barometer of long-term interest rates, ended interdealer trading down 0.030 percentage point from Monday's close to 1.130 percent, the lowest closing since late November.