What does Betterment mean?
Definitions for Betterment
ˈbɛt ər məntbet·ter·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Betterment.
improvement, betterment, advancenoun
a change for the better; progress in development
an improvement that adds to the value of a property or facility
amelioration, melioration, bettermentnoun
the act of relieving ills and changing for the better
An improvement to a property that adds to its value.
In real estate, betterment is the increased value of real property from causes other than investment made by the property owner. It is, therefore, usually referred to as unearned increment or windfall gain. When, for instance, a property is rezoned for higher-value uses, or nearby public improvements raise the value of a piece of private land, a property owner is "bettered" due to the actions of others. Because of this, capturing the value of betterment for the public through taxation or other means is a common policy approach.
a making better; amendment; improvement
an improvement of an estate which renders it better than mere repairing would do; -- generally used in the plural
Betterment, making better, is a general term used particularly in connection with the increased value given to real property by causes for which a tenant or the public, but not the owner, is responsible; it is thus of the nature of unearned increment. When, for instance, some public improvement results in raising the value of a piece of private land, and the owner is thereby bettered through no merit of his own, he gains by the betterment, and many economists and politicians have sought to arrange, by taxation or otherwise, that the increased value shall come into the pocket of the public rather than into the owner's. A betterment tax would be assessed in order to divert from the owner of the property the profit thus accruing unearned to him. The whole problem is one of the incidence of taxation and the question of land values, and various applications of the principle of betterment have been tried in the United States and in England, raising considerable controversy from time to time.
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The numerical value of Betterment in Chaldean Numerology is: 4
The numerical value of Betterment in Pythagorean Numerology is: 5
Examples of Betterment in a Sentence
The highest use of capital is not to make more money, but to make money do to more for the betterment of life.
Don't try to change others; change yourself for betterment.
I wish he'd just tell the truth. I don't know why he said that, i did not vote for Donald Trump the first time around, but I guess if Donald Trump can forgive what Donald Trump said, for the betterment of America, I have to trust somebody.
I have always been willing and able to find ways to work with both Democratic and Republican administrations for the betterment of our nation, that will continue to be the case with our next president.
Maturity is betterment of the existing state.
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Translations for Betterment
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