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Upgrade
/ʌpˈɡreɪd/
To make something better or more advanced than it currently is in terms of performance or capacity.
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Examples:
I need to upgrade my old phone.They decided to upgrade their hotel room to a suite.
Etymology:
The word upgrade originates from the prefix up- meaning higher or further and grade from Old French grade indicating a degree in a scale. It was first used in the late 19th century to refer to a better position or improvement.