trade up

verb — 3 senses

trade up

verb
1

Business, Finance To gain value on the stock exchange.

2

To sell something and replace it with something more expensive.

  • programmes like Ren and Stimpy and Rocko's Modern Life aimed at a younger audience also capitalize on this desire to trade up.2001, Elizabeth Bullen, Jane Kenway, Consuming Children, Education, Entertainment, Advertising, page 73:
3

Hobbies, Lifestyle, Sports To exchange a lower selection in a player draft for a higher one.

  • One of the few surprises saw the New York Giants take offensive tackle Andrew Thomas at number four while the Buccaneers traded up to 13 for offensive tackle Tristian Wirfs to give some protection to their new quarterback Brady.2020 April 24, “NFL draft 2020: Joe Burrow first pick for Cincinnati Bengals”, in BBC Sport:
Antonyms
trade down
Related terms
trade away, trade in, trade off

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.