Meaning of “move up” in the English Dictionary

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"move up" in Business English

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move up

phrasal verb with move uk /muːv/ us verb

[ I ] to increase in value, number, or amount:

Share prices move up and down depending on market conditions.

[ I ] HR to get a more important job in a company or organization:

move up to sth He gave his first interview since moving up to the role of chairman.
move up the ranks/ladder Gaining further qualifications can help you move up the career ladder.

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