Longman Dictionary of Contemporary English homepage

gentrification

 noun
     
gen‧tri‧fi‧ca‧tion [uncountable]
a gradual process in which an area in bad condition where poor people live is changed by people with more money coming to live there and improving it
—gentrify verb [transitive usually passive]
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.
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