increase
noun
  1. an act of becoming larger

    Examples
    • There have been several increases in tax or tax increases in the last few years.

    • There is an automatic 5 per cent increase in price or price increase on January 1st.

    • Profits showed a 10 per cent increase or an increase of 10 per cent on last year.

  2. a higher salary

    Examples
    • increase in pay or pay increase

    • The government hopes to hold salary increases to 3 per cent.

    Usage
    she had two increases last year
    her salary went up twice
verb
  1. to grow bigger or higher

    Examples
    • Profits have increased faster than the increase in the rate of inflation.

    • Exports to Africa have increased by more than 25 per cent.

    • The price of oil has increased twice in the past week.

    Usage
    to increase in size or value
    to become larger or more valuable
  2. to make something bigger or higher

    Usage
    the company increased her salary to £50,000
    the company gave her a rise in salary to £50,000

"...turnover has the potential to be increased to over 1 million dollars with energetic management and very little capital" [Australian Financial Review]

"...competition is steadily increasing and could affect profit margins as the company tries to retain its market share" [Citizen (Ottawa)]

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