Increase is the act of making something larger or causing it to grow in size or quantity. It can also pertain to the extent of growth or expansion that has taken place. Previously, it was employed to describe the quantity of crops or animals yielded on a farm or the number of offspring born into a family.
Definition:
Increase (in-krees), noun. The act or process of growing or enlarging. Outdated. The yield of land or the offspring of humans or animals. Increase (in-krees), verb. To become larger in size, quantity, or degree. The growth in population has resulted in a greater demand for housing. Our company has experienced a rise in sales this quarter. She opted to enhance her exercise routine to enhance her well-being. The illustrations demonstrate the meaning of increase as a growth or enlargement in size, quantity, or degree. The first illustration depicts an increase in population, indicating that there are more individuals residing in a specific area. The second illustration portrays an increase in sales, indicating that the company is selling more products or services. The third illustration showcases an increase in exercise, indicating that the individual is engaging in more physical activity to enhance their health.
In most cases, landlords are required to provide notice before increasing rent. The specific notice period may vary depending on local laws and the terms of your lease agreement.
Generally, employers have the right to increase workloads as long as it does not violate any employment contracts or labor laws. However, if the increased workload is significantly beyond what was originally agreed upon, it may be worth discussing with your employer or seeking legal advice.
Companies generally have the right to adjust prices, but they are typically required to provide notice to customers. The specific notice period may vary depending on local consumer protection laws and the terms of any existing contracts.
Credit card companies are generally required to provide notice before increasing interest rates. However, they may have the ability to increase rates under certain circumstances, such as when a promotional period ends or if the cardholder has missed payments.
Insurance companies are typically required to provide notice before increasing premiums. However, the specific notice period may vary depending on the terms of your insurance policy and local insurance regulations.
Governments generally have the authority to increase taxes, but they are typically required to provide notice to taxpayers. The specific notice period and procedures may vary depending on the jurisdiction and applicable tax laws.
Mortgage lenders are generally required to provide notice before increasing interest rates. However, the specific notice period and conditions may depend on the terms of your mortgage agreement and local mortgage regulations.
Utility companies are typically required to provide notice before increasing rates. However, the specific notice period and procedures may vary depending on local utility regulations and the terms of any existing contracts.
Employers generally have the right to increase working hours, but they may be required to comply with employment contracts, labor laws, and any applicable collective bargaining agreements. It is advisable to review your employment contract and consult with an employment attorney if you have concerns.
Landlords are generally required to follow specific procedures when increasing security deposits. The specific notice period and conditions may vary depending on local landlord-tenant laws and the terms of your lease agreement.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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