betterment

The definition of betterment is a more favorable condition.

(noun)

An example of betterment is the unemployment rate in the U.S. going from 9.325% in 2010 to 8.25% in 2012.

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See betterment in Webster's New World College Dictionary

noun

  1. a making or being made better; improvement
  2. Law an improvement that increases the value of property and is more extensive than mere repairs

See betterment in American Heritage Dictionary 4

noun
  1. An improvement over what has been the case: financial betterment.
  2. Law An improvement beyond normal upkeep and repair that adds to the value of real property.

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