Clayton Antitrust Act, 1914, passed by the U.S. Congress as an amendment to clarify and supplement the Sherman Antitrust Act of 1890. It was drafted by Henry De Lamar Clayton.
DEFINITION of 'Gentrification'. Gentrification refers to a process of urban renewal wherein a neighborhood or city develops economically so that original residents are displaced. It is often defined by an influx of wealthier residents and businesses, resulting in an increase in property values.
Meaning: The restoration of run-down urban areas by the middle class (resulting in the displacement of low-income residents) Classified under: Nouns denoting acts or actions. Hypernyms (gentrification is a kind of...): restoration (the act of restoring something or someone to a satisfactory state)