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gentrification - 2 dictionary results

gen⋅tri⋅fi⋅ca⋅tion

[jen-truh-fi-key-shuhn]
–noun
1. the buying and renovation of houses and stores in deteriorated urban neighborhoods by upper- or middle-income families or individuals, thus improving property values but often displacing low-income families and small businesses.
2. an instance of gentrifying; the condition of being gentrified.

Origin:
1975–80; gentri(fy) + -fication
gen·tri·fi·ca·tion   (jěn'trə-fĭ-kā'shən)   
n.  The restoration and upgrading of deteriorated urban property by middle-class or affluent people, often resulting in displacement of lower-income people.
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