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The American Heritage Dictionary of Idioms » trade down
trade down
trade down idiom
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]
The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 2003, 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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