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Verb: modernize  'mó-du(r),nIz
  1. Make repairs, renovations, revisions or adjustments to
    "You should modernize your car engine";
    - overhaul, modernise [Brit]
     
  2. Become technologically advanced
    "Viet Nam is modernizing rapidly";
    - modernise [Brit], develop

Derived forms: modernized, modernizing, modernizes

Type of: change, regenerate, renew

Encyclopedia: Modernize