👉 In the context of finance and economics, "upcycling" refers to the process of transforming waste into new products or services. It involves reusing materials or components that are otherwise discarded, such as old electronics, textiles, or machinery. The goal is often to create something new with fewer resources than would be required for its original purpose. Upcycling can help reduce waste and conserve natural resources by converting items that could otherwise end up in landfills into products that can be reused or recycled.
