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We found 3 dictionaries that define the word melt up:

General (3 matching dictionaries)
  1. melt up: Longman Dictionary of Contemporary English
  2. melt-up: The Word Spy
  3. melt up: Wiktionary

Definitions from Wiktionary (melt up)

verb:  (finance) Of the price of a security, to increase to an unexpected degree.

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