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Home > QFINANCE Dictionary > Definition of part exchange

Definition of

part exchange

Finance

using old product as partial payment for new the act of giving an old product as part of the payment for a new one.

Related definitions of "part exchange"

Definitions of ’part exchange’ and meaning of ’part exchange’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’part exchange’ and other financial terms with our online QFINANCE Financial Dictionary.

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