Meaning of “gentrify” in the English Dictionary

"gentrify" in British English

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gentrifyverb [ T often passive ]

uk /ˈdʒen.trɪ.faɪ/ us /ˈdʒen.trə.faɪ/ disapproving

to change a place from being a poor area to a richer one, by people of a higher social class moving to live there:

The area where I grew up has been all modernized and gentrified, and has lost all its old character.
gentrification
noun [ U ] uk /ˌdʒen.trɪ.fɪˈkeɪ.ʃən/ us /ˌdʒen.trə.fəˈkeɪ.ʃən/

the process by which an area is gentrified

(Definition of “gentrify” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)