Step up

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Step up

To increase, as in step up the tax basis of an asset.

Step Up

1. Informal; to increase. For example, one's income may increase until one "steps up" into a higher marginal tax rate.

2. In convertible securities, a scheduled increase in the conversion price. Step-ups also apply to warrants and options. For example, if a shareholder owns convertible preferred stock at a conversion price of $10 per share, a step-up may involve an increase in the conversion price to $12 per share. The terms under which the security is sold outline the amount of the step-up and when it takes place. Because step-ups are contrary to the interest of buyers, there is little demand for securities with step-ups, and, as a result, they are a relatively rare feature of convertible securities.
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Coach co-ordinator Allan Lewis commented: "Their stepup is the perfect illustration of the purpose of the pathway programme.
Despite their optimism, it's a major stepup for all-conquering Avondale who have won the Munster Senior League for the last three years and the Intermediate Cup four years in a row.
Arsenal have several players in the treatment room, while England international Jack Wilshere i s set to stepup his rehabilitation from a hairline foot fracture.
Since 2000, the League's trained volunteers have donated 232,000 volunteer hours to programs and projects that impact youth in the Raleigh community such as SAFEchild, Brentwood Boys & Girls Club, StepUP Ministry, Helping Horse, Heritage Park Community Center and AventWest Children's Mentoring.
A CANDLELIT vigil has been staged as a distraught family stepup their campaign to bring home the organs of their daughter, who died in India.
In North Carolina, the foundation recently contributed $25,000 to Support Military Spouses' Shoeboxes for Military Spouses Program and $40,000 to StepUp Ministries' Well-Fed Families and Veterans Programs.
Quins, twice winners of Europe's second-tier competition, get a home draw, and Easter was at the heart of a second-half stepup that left the talented visitors second in Pool One.
He looked ready for an immediate stepup in class when jumping well, apart from a single error, on his way to a nine-length victory on his chasing debut at Navan.
He added: "The sustainability of buildings is becoming an ever-more important issue to prospective buyers and tenants and that's why right from the start we wanted to cater to demand and create a building with outstanding environmental credentials creating a stepup in terms of user comfort.
Well-known titles from the company include Folder Guard, Singularity, StepUp, FM StepUp, and more.
As a consequence, the real property in the trust received no stepup in basis (other than the 5% allocable to the portion includible in her estate), and there was properly a gain when the real property was sold by the trust.