What exactly is Upcycling?

Recycling, Repurposing, Upcycling – what’s the difference? …and what exactly is Upcycling? We all know what recycling is. A plastic bag is used to carry home groceries then is later reused by the owner who uses the bag a second or third time, perhaps to again carry groceries or store items. The bag has been recycled by its owner. The bag is being reused but the value of the bag remains the same