The definition of betterment is a more favorable condition.
An example of betterment is the unemployment rate in the U.S. going from 9.325% in 2010 to 8.25% in 2012.
- a making or being made better; improvement
- Law an improvement that increases the value of property and is more extensive than mere repairs
- An improvement over what has been the case: financial betterment.
- Law An improvement beyond normal upkeep and repair that adds to the value of real property.
betterment - Legal Definition
An improvement that adds to the value of real property.