liftlift /lɪft/ verb [transitiveT]1to make prices, profits etc riseImproving international demand lifted product prices.
The interim dividend to shareholders has been lifted from 2.7p to 3.02p.
2LAWto remove a law or ruleAfter the exchange controls were lifted, Swedes rushed to invest abroad.
the decision to lift economic sanctions against the country
—lifting noun [uncountableU]the lifting of a ban on trade with the country