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Phrase Meanings » bump up
What does "bump up" mean?
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Suddenly increase, as in Oil-producing nations decided to bump up the price of oil. This term is used mainly for prices or other figures. [Colloquial; 1930s]
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Give a promotion. For example, Kevin hoped to be bumped up to first class, or After five years, she expected they would bump her up to vice-president. [Slang; second half of 1900s]