to move, lift, (a part of the body, thing etc) from a low(er) to a high(er) level; to increase (something) in amount, extent etc; (especially US) an increase in wages or salary
increase in salary or position
Cases of word usage
1) a public entertainment, usually to raise money; to honour (a person) with ceremonies etc (fete)
2) to raise or bring forward (a subject) for discussion (moot)
3) (a game played on) a long plank with a person sitting on each end which can raise and fall alternately; any up-and-down or to-and-from movement (seesaw)
4) two poles with a high support for the food, used to raise the user (e.g. a clown) from the ground (stilts)
5) to raise (an exam result, the quality of a product etc) to a higher grade (upgrade)