trade down

trade down (third-person singular simple present trades down, present participle trading down, simple past and past participle traded down)

1. (finance) To lose value on the stock exchange.
2. To sell something and replace it with something cheaper.
3. (sports) To exchange a higher selection in a player draft for a lower one.
   • 2020 April 23, Ken Belson, Ben Shpigel, “Full Round 1 2020 N.F.L. Picks and Analysis”, in The New York Times‎^[1], New York, N.Y.: The New York Times Company, →ISSN, →OCLC, archived from the original on 23 April 2020:

     Do the New England Patriots ever pass on trading down?

• trade up

• tread down, downrated, downtread