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

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
gentrification (ˌdʒɛntrɪfɪˈkeɪʃən) [Click for IPA pronunciation guide]
 
n
(Brit) a process by which middle-class people take up residence in a traditionally working-class area of a city, changing the character of the area
 
[C20: from gentrify (to become gentry)]
 
'gentrifier
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Cite This Source
00:10
Gentrification is always a great word to know.
So is bezoar. Does it mean:
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
Example sentences
As always happens, the artist rehabilitation has led to yuppie gentrification.
Gentrification and the loss of longtime congregants have left some houses of
  worship with sparsely populated pews.
And in both the real and virtual world, nothing improves security more than
  gentrification.
The tide of gentrification that transformed economically depressed enclaves is
  receding, leaving some communities high and dry.
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