upgrade


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Upgrade

1. An improvement to an existing product. Some companies, especially technology companies, offer upgrades to customers for free or at a discount.

2. An improvement to the quality of securities in a portfolio. For example, one may sell a stock with a given risk and return and buy another stock with a higher return at the same level of risk. Alternatively, a security may upgrade by itself; for example, its issuer may announce higher than expected earnings, and, therefore, a higher dividend.

3. An increase in a bond rating. For example, if a bond goes from a junk rating to an investment-grade rating, the bond is said to be upgraded. This usually occurs when the issuer reduces its exposure to one or more risks.

upgrade

to replace an existing COMPUTER system (HARDWARE and/or SOFTWARE) by a more powerful model capable of processing data faster or storing larger amounts of data. When upgrading, computer users can experience problems of compatibility with existing programs and machines.
References in periodicals archive ?
Other than new Supercharger stations and upgrades, the company is also planning to release the next Model Y crossover SUV this late 2019.
Extending the range of fully engineered, tested and approved upgrades offered by Land Rover Classic underlines our commitment to supporting existing Defender owners, as we look forward to the new Defender's world premiere later this year." Upgrades start with diamond-turned 18-inch Sawtooth alloy wheels which can be fitted to Defenders built from 1994 model year onwards.
"Although we love to hear them, there is no need for extravagant excuses anymore; our credit card holders are likely to experience that 'Upgrade Face' feeling sometime soon."
OWC is the manufacturer and upgrade provider of choice for Apple and PC enthusiasts and has been providing OWC memory upgrades for Apple computers since 1989.
8 basic version, which $10 more expensive than the upgrade from Windows 7 Home
Microsoft has said that customers who downloaded and installed the free "Windows 8 Release Preview" will be able to upgrade to the paid version of the OS, but that those running thefree trial of Windows 8 Enterprise RTM, or "release to manufacturing," which debuted in August, cannot.
In turn, these materials should determine the expediency of the upgrade decision as well as the efficiency growth levels and implementation costs.
Prior to a new member moving into an Avistele community, a designated membership coordinator works closely with the member to make sure that the apartment home is prepared with not only the wall color they choose but also a host of desired interior design upgrades.
Fujitsu's Windows 7 upgrade program for end customers launches June 26th Fujitsu to offer royalty-free Windows 7 upgrades on all new PCs and notebooks pre-loaded with Windows Vista
KrisFlyer can earn special upgrade points on top of their usual KrisFlyer miles between April and June 2009.
Lighting upgrades are some of the most basic and quickest energy savings programs to implement.
Changes in the recycling markets can also dictate when to consider an upgrade, says Weis.