trade up
The term "trade up" involves exchanging something for a superior item or improving one's position by acquiring something of greater value.
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Definition
C1Finance
(technical)To gain value on the stock exchange.
Example
- Investors are looking to trade up as market conditions improve.
B2Commerce
(general)To sell something and replace it with something more expensive or of higher quality.
Example
- They decided to trade up their old car for a newer model.
- After getting a promotion, she traded up to a bigger house.
C1Sports
(technical)To exchange a lower selection in a player draft for a higher one.
Example
- The team traded up to secure a top pick in the draft.
Similar
Terms that have similar or relatively close meanings to "trade up":
move uptrade downbuy upstep upchoose upone uphop upleg upgo upprice upswitch upon the upbump upchange upup the antehot upup linetool upsnap upjump updouble upage uprun upcorner uplevel upscale upup fortalk upwork one's way upconnect up