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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
-- 16MB of standard copier memory, upgradeable to 32MB or 48MB with the additional 16MB MU-409 or 32MB MU-410
Upgradeable technology allows patients to access future SCS technology from St.
Generac Power Systems, a designer and manufacturer of backup power generators and engine-powered tools, has added its HomeLink Upgradeable Manual Transfer Switch to its residential transfer switch product line.
In addition, the S3 Mini offers a five-megapixel rear camera, VGA front-facing camera and ships with the latest Android 4.1.2 Jelly Bean OS onboard, which is further upgradeable to Android 4.2 firmware.
The AresPro line is the perfect solution for engineers, video editors, high-end gamers, and graphic designers seeking an affordable and entirely upgradeable system.
It is network independent and upgradeable, enabling customers to quickly migrate to future platforms as networks evolve.
From Extron comes the VTG 400, a programmable and upgradeable video and audio test generator designed as a reference tool for set-up, performance evaluation, system calibration, and troubleshooting of video and audio systems.
The METO mi-4210 RFID printer is available in two versions--one fully enabled to encode all available RFID protocols, or an upgradeable version offering bar code printing only with the ability to add RFID encoding at a later date.
A modular concept allows upgradeable length through a length change program.
In addition, with 32 MB of RAM, upgradeable to 96 MB, the LaserJet 3310 has enough memory to handle most small office copying and printing jobs.
Features: 64MB of PC100 SDRAM (upgradeable to 576MB), 500MHz PowerPC G3 processor, 66MHz system bus, 12.1inch TFT XGA active-matrix display, 56K modem, CD ROM drive.
The system is modular and upgradeable to handle future needs relative to material and process control.