"modernizing" in the verb sense
1. overhaul, modernize, modernise
make repairs, renovations, revisions or adjustments to
"You should overhaul your car engine"
"overhaul the health care system"
2. modernize, modernise, develop
become technologically advanced
"Many countries in Asia are now developing at a very fast pace"
"Viet Nam is modernizing rapidly"
Source: WordNet® (An amazing lexical database of English)
Princeton University "About WordNet®."
WordNet®. Princeton University. 2010.
View WordNet® License