Merge pull request #313314 from nwokolo/SP_Learn_Docs

Fix grammar, spelling, and formatting in savings-plan-overview.md

Author: Stacyrch140

articles/cost-management-billing/savings-plan/reservation-trade-in.md

@@ -13,24 +13,27 @@ ms.author: onwokolo
 
 # Self-service trade-in for savings plans
 
-If your [Azure Virtual Machines](https://azure.microsoft.com/pricing/details/virtual-machines/windows/) (VM), [Dedicated Hosts](https://azure.microsoft.com/pricing/details/virtual-machines/dedicated-host/), or [Azure App Service](https://azure.microsoft.com/pricing/details/app-service/windows/) reservations don't provide the necessary flexibility you need, you can trade them for a savings plan. When you trade-in a reservation and purchase a savings plan, you can select a savings plan term of either one year or three years.
+If your [Azure Virtual Machines](https://azure.microsoft.com/pricing/details/virtual-machines/windows/) (VM), [Dedicated Hosts](https://azure.microsoft.com/pricing/details/virtual-machines/dedicated-host/), or [Azure App Service](https://azure.microsoft.com/pricing/details/app-service/windows/) reservations don't provide the flexibility you need, you may trade them for a compute savings plan. 
+When you trade-in compute reservations for a compute savings plan, you are making a new commitment of either one year or three years.
 
-Although you can return the above offerings for a savings plan, you can't exchange a savings plan for them or for another savings plan. Due to technical limitations, you can only trade in up to 100 reservations at a time as part of a savings plan purchase.
+In addition, if your [database reservations](https://azure.microsoft.com/products/category/databases) aren't sufficiently flexible, you may trade them for a database savings plan. When you trade-in database reservations for a database savings plan, you are making a new commitment of one year.
 
-Apart from [Azure Virtual Machines](https://azure.microsoft.com/pricing/details/virtual-machines/windows/), [Dedicated Hosts](https://azure.microsoft.com/pricing/details/virtual-machines/dedicated-host/), or [Azure App Service](https://azure.microsoft.com/pricing/details/app-service/windows/) reservations, no other reservations or prepurchase plans are eligible for trade-in.
+Although you can trade in compute and database reservations for compute and database savings plans, respectively, you can't exchange a savings plan for a reservation or for another savings plan. You may only trade in up to 100 reservations at a time as part of a savings plan purchase.
 
->[!NOTE]
+Apart from [Azure Virtual Machines](https://azure.microsoft.com/pricing/details/virtual-machines/windows/), [Dedicated Hosts](https://azure.microsoft.com/pricing/details/virtual-machines/dedicated-host/), [Azure App Service](https://azure.microsoft.com/pricing/details/app-service/windows/) reservations or [database reservations](https://azure.microsoft.com/products/category/databases), no other reservations or prepurchase plans are eligible for trade-in.
+
+> [!NOTE]
 > Initially planned to end on January 1, 2024, the availability of Azure compute reservation exchanges for Azure Virtual Machine, Azure Dedicated Host and Azure App Service has been extended **until further notice**.
 >
-> Launched in October 2022, the [savings plan](https://azure.microsoft.com/pricing/offers/savings-plan-compute) aims at providing savings on consistent spend, across different compute services, regardless of region. With savings plan's automatic flexibility, we've updated our reservations exchange policy. While [instance size flexibility](/azure/virtual-machines/reserved-vm-instance-size-flexibility) for VMs remains post-grace period, exchanges of instance series or regions for Azure Virtual Machine, Azure Dedicated Host and Azure App Service reservations will no longer be supported.
+> Launched in October 2022, the [savings plan](https://azure.microsoft.com/pricing/offers/savings-plan) aims at providing savings on consistent spend, across different compute services, regardless of region. With savings plan's automatic flexibility, we've updated our reservations exchange policy. While [instance size flexibility](/azure/virtual-machines/reserved-vm-instance-size-flexibility) for VMs remains post-grace period, exchanges of instance series or regions for Azure Virtual Machine, Azure Dedicated Host and Azure App Service reservations will no longer be supported.
 >
 > You may continue [exchanging](../reservations/exchange-and-refund-azure-reservations.md) your compute reservations for different instance series and regions until we notify you again, which will be **at least 6 months in advance**. In addition, any compute reservations purchased during this extended grace period will retain the right to **one more exchange after the grace period ends**. The extended grace period allows you to better assess your cost savings commitment needs and plan effectively. For more information, see [Changes to the Azure reservation exchange policy](../reservations/reservation-exchange-policy-changes.md).
 >
-> You may trade-in your Azure Virtual Machine, Azure Dedicated Host and Azure App Service reservations that are used to cover dynamic/evolving workloads for a savings plan or may continue to use and purchase reservations for stable workloads where the specific configuration needs are known.
+> You may trade-in your Azure Virtual Machine, Azure Dedicated Host and Azure App Service reservations that are used to cover dynamic/evolving workloads for a compute savings plan or may continue to use and purchase reservations for stable workloads where the specific configuration needs are known.
 >
 > For more information, see [Self-service exchanges and refunds for compute Reservations](../reservations/exchange-and-refund-azure-reservations.md).
 
-Although compute reservation exchanges become unavailable at the end of the grace period, non-compute reservation exchanges are unchanged. You're able to continue to trade-in reservations for savings plans. To trade-in a reservation for a savings plan, you must meet the following criteria: 
+Although compute reservation exchanges become unavailable at the end of the grace period, non-compute reservation exchanges are unchanged. You're able to continue to trade-in reservations for savings plans. To trade-in a reservation for a savings plan, you must meet the following criteria:
 
 - You must be an owner of the Reservation Order containing the reservation you wish to trade in. To learn more, see [Grant access to individual reservations](../reservations/view-reservations.md#grant-access-to-individual-reservations).
 - You must have the Savings plan purchaser role, or an owner of the subscription you plan to use to purchase the savings plan.
@@ -42,12 +45,12 @@ Microsoft isn't currently charging early termination fees for reservation trade-
 
 ## How to trade in an existing reservation
 
-You can trade in your reservation from [Azure portal](https://portal.azure.com/#blade/Microsoft_Azure_Reservations/ReservationsBrowseBlade). When you trade in VM reservations for a savings plan, we cancel your reservation, issue you a pro-rated refund for them, and cancel any future payments (for reservations that were billed monthly). As part of a savings plan purchase, you can trade in up to 100 reservations.
+You can trade in your reservation from [Azure portal](https://portal.azure.com/#blade/Microsoft_Azure_Reservations/ReservationsBrowseBlade). When you trade in reservations for a savings plan, we cancel your reservation, issue you a pro-rated refund for them, and cancel any future payments (for reservations that were billed monthly). As part of a savings plan purchase, you can trade in up to 100 reservations.
 
 1. Select the reservations that you want to trade in and select **Exchange**.  
   :::image type="content" source="./media/reservation-trade-in/exchange-refund-return.png" alt-text="Screenshot showing the Exchange window." lightbox="./media/reservation-trade-in/exchange-refund-return.png" :::
 1. For each reservation order selected, enter the quantity of reservation instances you want to return. The bottom of the window shows the amount to refund. It also shows the value of future payments that are canceled, if applicable.
-1. Select **Compute Savings Plan** as the product that you want to purchase.
+1. Select the type of Savings Plan that you want to purchase.
 1. To complete the purchase, enter the necessary information. For more information, see [Buy a savings plan](buy-savings-plan.md#buy-a-savings-plan-in-the-azure-portal).
 
 ## Determine savings plan commitment needed to replace your reservation
@@ -58,10 +61,10 @@ During a reservation trade-in, the default hourly commitment for the savings pla
 2. Search for the product that you want to return.
 3. Select a savings plan term and operating system, if necessary.
 4. Select **Upfront** as the payment option. You're using the annual cost only because it's easier to work with in this calculation example.
-5. To determine the hourly commitment for the product, divide the upfront compute charge by:
+5. To determine the hourly commitment for the product, divide the upfront charge by:
     - 8,760 for a one-year savings plan
     - 26,280 for a three-year savings plan  
-        :::image type="content" source="./media/reservation-trade-in/pricing-calculator-upfront-example.png" alt-text="Example screenshot showing the Azure pricing calculator upfront compute charge value example." lightbox="./media/reservation-trade-in/pricing-calculator-upfront-example.png" :::
+        :::image type="content" source="./media/reservation-trade-in/pricing-calculator-upfront-example.png" alt-text="Example screenshot showing the Azure pricing calculator upfront charge value example." lightbox="./media/reservation-trade-in/pricing-calculator-upfront-example.png" :::
 1. Multiply the product’s hourly commitment by the number of instances you're trading-in.
 1. Repeat steps 2-6 for all reservation products you're trading-in.
 1. Enter the total of the above steps as the hourly commitment, then **Add** to your cart.
@@ -80,10 +83,10 @@ To determine the cost savings difference when switching from reservations to a s
 1. Depending on the payment schedule for the reservation, you're presented with either the monthly or full cost of the reservation. You need the monthly cost. If necessary, divide the value by either 12 or 36, depending on the reservation term.
 1. Multiply the monthly cost of the reservation by the number of instances you want to return.
 1. To determine the monthly cost of an equivalent savings plan, follow the first six steps in [Estimate costs with the Azure pricing calculator](../manage/ea-pricing.md#estimate-costs-with-the-azure-pricing-calculator).
-1. Search for the compute product associated with the reservation that you want to return.
+1. Search for the product associated with the reservation that you want to return.
 1. Select savings plan term and operating system, if necessary.
 1. Select **Monthly** as the payment option. It's the monthly cost of a savings plan providing 100% coverage to the resource that was previously covered by the reservation.  
-    :::image type="content" source="./media/reservation-trade-in/pricing-calculator-monthly-example.png" alt-text="Example screenshot showing the Azure pricing calculator monthly compute charge value example." lightbox="./media/reservation-trade-in/pricing-calculator-monthly-example.png" :::
+    :::image type="content" source="./media/reservation-trade-in/pricing-calculator-monthly-example.png" alt-text="Example screenshot showing the Azure pricing calculator monthly charge value example." lightbox="./media/reservation-trade-in/pricing-calculator-monthly-example.png" :::
 1.	Multiply the monthly cost by the number of product instances that are currently covered by the reservations to be returned.
 
 The preceding image's price is an example.