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uptrade

American  
[uhp-treyd] / ʌpˈtreɪd /

verb (used with or without object)

uptraded, uptrading
  1. to trade for a similar item of greater value or better quality.

    After that last holiday we uptraded our time-share for a two-bedroom.

    With fuel prices going up, I might uptrade for an electric vehicle.


noun

  1. a transaction that involves trading something for a similar item of greater value.

    The video game store offers new and used products as well as uptrades and preorders.

  2. an item of higher value for which a similar but lower-valued one is traded.

    The vehicle is well-maintained, and a good uptrade from the smaller car without giving up too much in gas mileage.

Etymology

Origin of uptrade

up- + trade