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Rarepart exchange
The correct spelling is part exchange.
How to pronounce part exchange
noun
Say it like: Par-t e-xch-anj-e
The correct spelling is part exchange. A contract where one party pays money and supplies goods or services, and the other supplies goods or services in exchange. For example: "When I bought my new car, it was a part exchange: I traded in my old car and paid some cash along with it."
Usage 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.”
Meanings
noun
- 1.A contract where one party pays money and supplies goods or services, and the other supplies goods or services in exchange.
verb
- 1.To supply (an item of goods), along with money, in exchange for other goods or services.
Similar words
Words related in meaning — check their spelling too.