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trade up

Meaning in simple English, pronunciation and examples

Pronunciation: US /ˌtreɪd ˈʌp/

trade up means: To sell something you own and buy a more expensive or better one.

verb

BUY BETTERB2

To sell something you own and buy a more expensive or better one.

  • We want to trade up.
  • He traded up to a newer car.
  • Can we afford to trade up to a larger home?

How to use it: trade up to something (They traded up to a bigger house.); trade something up for something (She traded her car up for a newer model.)

Similar words: upgrade

Opposites: trade down

Common phrases: trade up to something, trade something up

RISE IN VALUEC1

For shares or other investments to sell at a higher price than before.

  • The shares traded up today.
  • Bank stocks traded up after the announcement.
  • The company is trading up three percent this morning.

Similar words: rise, gain value

Opposites: fall

Common phrases: trade up sharply, trade up today

EARLIER DRAFT PICKC1

For a sports team to exchange its turn to choose a player for an earlier turn.

  • The team traded up yesterday.
  • They traded up to get the first pick.
  • Would you trade up for that young quarterback?

How to use it: trade up to a pick (The team traded up to the third pick.); trade up for someone (They traded up for a promising defender.)

Opposites: trade down

Common phrases: trade up in drafts, trade up for someone

Questions about trade up

What does trade up mean?

To sell something you own and buy a more expensive or better one.

What is trade up in other languages?

Türkçe: daha iyisiyle değiştirmek · Español: cambiar por algo mejor · Français: remplacer par mieux · Deutsch: gegen etwas Besseres eintauschen · Italiano: sostituire con qualcosa di migliore · 日本語: 買い替えてグレードを上げる

How do you pronounce trade up?

It is pronounced /ˌtreɪd ˈʌp/.

How do you use trade up in a sentence?

We want to trade up. He traded up to a newer car.

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