<p><strong>Verb (used with object):</strong></p><ul><li>To process (used goods or waste material) so as to produce something that is often better than the original: Compare downcycle (def 2).<ul><li>Example: I upcycled a stained tablecloth into curtains.</li></ul></li></ul><p><strong>Verb (used without object):</strong></p><ul><li>To process goods or material so as to produce something that is often better than the original: Several new companies whose purpose is to upcycle have sprung up recently.</li></ul><p><strong>Noun (Economics):</strong></p><ul><li>A period or cycle during which business activity or profitability is at a high point: The whole industry has entered an upcycle.</li></ul>