Definitions (2)
Popular Terms
1. Accounting: Addition, change, or extraordinary improvement made to an asset to extend its useful life or enhance its efficiency, resulting in returns over and above the incurred cost.
2. Real estate: Appreciation in the value of a property due to beneficial public works (such as construction of highway, sewers, sidewalks) executed in its near vicinity.

Use 'betterment' in a Sentence

For the betterment of the entire organization, it was decided that the office of human resources would employ two more people on a part time basis to handle the extra interest in job opportunities afforded by the company's expansion.
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Me leaving the country was for the betterment of my family because lately they have not liked the choices I have made in life.
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The non profit organization operated for the betterment of society, they had a profound impact on our own little community as well.
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