Jack Sth Meaning Increase Price Cost Large Amount

Meaning: to increase the price or the cost of something by a large amount

• jack up sth Hotels usually jack up their room rates over the summer.
  
  
• jack sth up Our landlord never spends any money on improving the apartments, but he still wants to jack the rent up every year.
  
  

Nouns often used as objects with jack up (1): price, cost, rent, rate, amount, fees, fares