Meaning of “move-up buyer” in the English Dictionary

business-english dictionary

"move-up buyer" in Business English

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move-up buyernoun [ C ]

uk us US PROPERTY

someone who buys a house that is larger and more expensive than the house that they already own:

Tax credit for move-up buyers will be less than for first-time buyers, but still significant.

(Definition of “move-up buyer” from the Cambridge Business English Dictionary © Cambridge University Press)