upgrade verb Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "upgrade" - Business English Dictionary

See all translations

upgrade

verb [T]
 
 
/ʌpˈɡreɪd/
to improve something so that it works better or is more effective: It's quite simple to upgrade the indexing software. All the entrances to the building have been upgraded with ramps and handrails.
IT to get new computers or other equipment that is better than you had before: So much of our business is now online we had to upgrade our entire system. The network is being upgraded.
HR to give a person a more important job or to state that their job is more important than it was before: upgrade sb to sth Congratulations, I hear you've been upgraded to divisional manager. →  Compare downgrade verb
FINANCE to state that something such as a company is likely to produce more profit or growth, to be better able to pay back debt, etc. than was previously thought: upgrade a forecast/outlook/expectation Analysts had hoped to upgrade their earnings forecasts for the group.upgrade a rating/status The retailer's stock hit a 52-week high after Morgan Stanley upgraded its rating on the company. →  Compare downgrade verb
TRANSPORT to get better travel arrangements than you originally paid for: upgrade sth (from sth) to sth Our plane tickets were upgraded to business class. We will upgrade your rental car from mid-size to full-size.
(Definition of upgrade verb from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of upgrade?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “upgrade”

Definitions of “upgrade” in other dictionaries

Word of the Day
field event

a sports event in which athletes take part one after the other rather than racing or competing together

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More