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step-up

 - 3 dictionary results

step-up

  [step-uhp]
Use step-up in a Sentence
–adjective
1. effecting an increase.
2. Electricity. serving to increase voltage: a step-up transformer.
3. (of a lease) allowing for gradual rent increases to the highest amount permissible.
–noun
4. an increase or rise in the rate or quantity of something.
Also, stepup.

Origin:
1890–95; adj., n. use of v. phrase step up
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To step-up
step-up   (stěp'ŭp')
adj.  

  1. Increasing in steps or by stages.

  2. Electricity Serving to increase voltage: a step-up transformer.

n.  An increase in size, amount, or activity.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Financial Dictionary

step-up

A scheduled increase in the exercise or conversion price at which a warrant, an option, or a convertible security may be used to acquire shares of common stock. For example, a warrant may permit its owner to purchase ten shares of stock at $20 per share up to a specified date and at $22.50 per share thereafter until the warrant expires. The step-up works to the disadvantage of the holder, however. It is not a feature of most of these securities.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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