bump up

British  

verb

1. informal (tr, adverb) to raise or increase

   prices are being bumped up daily

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bump up Idioms  

1. Suddenly increase, as in Oil-producing nations decided to bump up the price of oil . This term is used mainly for prices or other figures. [ Colloquial ; 1930s]

2. Give a promotion. For example, Kevin hoped to be bumped up to first class , or After five years, she expected they would bump her up to vice-president . [ Slang ; second half of 1900s]

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Example Sentences

Intellectually, it is possible to carry on this process for an indefinite time: the only check on it is that sooner or later, a false belief bumps up against solid reality, usually on the battlefield.

From Salon

His research suggests that Amazon’s algorithm bumps up cheaper items that are selling in higher volumes, as opposed to more expensive ones that sell more slowly.

From The Wall Street Journal

He’s just this year bumped up to principal from assistant principal and he’s very enthusiastic about the new gig.

From Literature

Retailers are closely monitoring whether or when shoppers will balk at prices bumped up by import costs.

From Barron's

The S&P 500 has bumped up against its 50-day moving average, a popular trend indicator, but has not yet broken through to the downside.

From MarketWatch