Upgrade Definition

To promote to a more skilled job at higher pay.

To enhance or improve one's condition, status, capabilities, etc.

To raise in importance, value, esteem, etc.

To replace (a software program) with a more recently released, enhanced version.

To replace (a hardware device) with one that provides better performance.

The act or an instance of upgrading.

A software program that provides added enhancements over an earlier version.

An improvement in or enhancement of the condition, status, etc. of a person or thing.

An upward slope, esp. in a road.

Something that has been improved or enhanced.

Uphill; upward.

Upgrade is defined as upward or uphill.

An action taken by Wall Street analysts that communicates an increasingly positive outlook for a company’s stock or bonds. Typically, analysts upgrade a company’s stock if they think the company’s earnings, revenues, or share price will improve. Ratings agencies also upgrade credit ratings of corporations, countries, and specialized financial instruments if cash flow improves or if debt levels are reduced.