Used when financial constraints force buying less expensive items.

Economic Necessity

Can also imply choosing simplicity or minimalism voluntarily.

Voluntary Simplification

Often a short-term solution until financial situation improves.

In finance, it can indicate a strategy to reduce investment risks.

Used when investors sell high-valued assets to secure gains.

Trading down can be part of diversifying one's investment portfolio.

In sports, trading down is a tactic for acquiring more players or options.

Sports teams may trade down to focus on a long-term team development strategy.