raise (n.) Look up raise at Dictionary.com
"act of raising or lifting," 1530s, from raise (v.). Meaning "an increase in amount or value" is from 1728. Meaning "increase in salary or wages" is from 1898, chiefly American English (British preferring rise). Earliest attested use (c.1500) is in obsolete sense of "a levy."
raise (v.) Look up raise at Dictionary.com
c.1200, "cause a rising of; lift upright, set upright; build, construct," from a Scandinavian source, e.g. Old Norse reisa "to raise," from Proto-Germanic *raizjan (cf. Gothic ur-raisjan, Old English ræran "to rear;" see rear (v.)), causative of root *ris- "to rise" (see rise (v.)). At first sharing many senses with native rear (v.).

Meaning "make higher" is from c.1300 in the physical sense, as is that of "restore to life." Of the voice, from late 14c. Meaning "increase the amount of" is from c.1500; from 1530s of prices, etc. Meaning "to bring up" (a question, etc.) is from 1640s. Card-playing sense is from 1821. Meaning "promote the growth of" (plants, etc.) is from 1660s; sense of "foster, rear, bring up" (of children) is from 1744. Meaning "to elevate" (the consciousness) is from 1970. Related: Raised; raising.