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1. In real estate, an increase in the value of a property because of an improvement near the property that makes it more desirable for potential buyers. For example, if a municipality builds a highway or a park near a house, this may result in betterment for the homeowner.

2. In accounting, an increase in the value of an asset because of some improvement that increases its efficiency or profitability.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


An improvement to real estate.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
" We have a coalition government in Balochistan and we believes in working together for the betterment of Balochistan, said CM.
He said, 'We are spending all our energies to provide better facilities to the citizens and the decisions made for the betterment of the country have started giving positive results.
The Civic Betterment candidates will receive the party's assistance in filing nominating petitions to get their names on the April ballot.
Eleven charities are initially partnering with Betterment Charitable Giving, including well-known ones such as UNICEF, Save the Children and the World Wildlife Fund and lesser known groups like GiveWell and Donors Choose.
Betterment notes that this data was collected as news of the Department of Labor (DOL) fiduciary rule revealed to many consumers that their financial advice could represent a conflict of interest.
The "drumbeat" of the book is twofold: (1) the Great Revaluation or change of ideas or rhetoric and (2) "trade-tested betterment." The first led directly and indirectly to the second, and they continue to spread today.
Jon Stein, founder and CEO of Betterment, believes his firm can provide a better user experience for retirement savers and at a lower cost.
Property owners will be given the option to pay the full betterment amount, or make payments over the 10-year life of the loan, with 4 percent interest.
Though the Ecard system is major step towards betterment and streamlining everything but, wasn't it too early to install such a thing in an office that supervises and monitor high tech companies in Pakistan that have made billions of dollars of investment in the country.
Abu Dhabi: The Indian Social and Cultural Centre (ISC) in Abu Dhabi plans to use the expertise of its members for the betterment of the centre and the community at large.
Brooklyn, NY, February 20, 2011 --( HeartShare Human Services of New York won the Pinnacle Award for Civic Betterment, presented each February by the Building Owner's and Managers Association of New York (BOMA/NY).
"Whatever decision I make, it's really important it's for the betterment of Australian cricket," he said.