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step-up
[ step-uhp ]
adjective
- effecting an increase.
- Electricity. serving to increase voltage:
a step-up transformer.
- (of a lease) allowing for gradual rent increases to the highest amount permissible.
noun
- an increase or rise in the rate or quantity of something.
step up
verb
- tr to increase or raise by stages; accelerate
- intr to make progress or effect an advancement; be promoted
- step up to the plate
- baseball to move into batting position
- to come forward and take responsibility for something
adjective
- (of a transformer) increasing a low voltage applied to the primary winding to a higher voltage on the secondary winding Compare step down
- informal.involving a rise by stages
noun
- informal.an increment in quantity, size, etc
51Թ History and Origins
Origin of step-up1
Example Sentences
At least part of your home would have gotten a step-up in tax basis if you were married and your co-owner spouse died.
But he soon experienced the fickleness of pro pugilism in a significant step-up.
The Biden plan would repeal the step-up for heirs by levying the capital gains tax on the bequeathed asset, calculated from the original purchase and charged to the decedent’s estate.
But investments held in revocable trusts, such as living trusts, should qualify for the favorable step-up in basis that would eliminate the taxable capital gain at his death.
This was expected to be a tougher bout - Yang represented a step-up in class - but it proved to be another clear victory.
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