A positive change in ratings for a security. Two common examples are an analyst's upgrading a stock (such as from "sell" to "buy") and a credit bureau's upgrading of a bond. opposite of down payment.

Use upgrade in a sentence

We needed a serious upgrade, because our offense was not doing a good job at all for our football team.

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The bond had earned the B rating as it experienced an upgrade from the junk bond rating, this was great news for us.

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There was a great amount of excitement in the office when the news came of the upgrade the analysts gave our stock. Things were looking up.

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