gentrification definition by American Heritage Dictionary
The American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
The restoration and upgrading of deteriorated urban property by middle-class or affluent people, often resulting in displacement of lower-income people.
gentrification - Business Definition
Revitalization of a neighborhood, district, or town when middle- and high-income individuals and families replace lower-income residents.
Variant of gentrify
transitive verb gentrified, gentrifying
- to convert (a deteriorated or aging area in a city) into a more affluent middle-class neighborhood, as by remodeling dwellings, resulting in increased property values and in displacement of the poor
- to raise to a higher status or condition; improve, uplift, etc.
Origin: ; from gentry plush -fy