Definitions for "Betterment"
A making better; amendment; improvement.
An improvement of an estate which renders it better than mere repairing would do; -- generally used in the plural.
The principle by which a claimant has to make a payment towards the cost of the claim because his or her property will be in better condition after repair than before the loss or damage occurred.
An expenditure that increases operating efficiency or capacity for the remaining useful life of a plant or asset.
An addition made to, or change made in, a capital asset, other than maintenance, that is anticipated to prolong its expected useful life or to increase its capacity, efficiency, or quality of output.
a material cost incurred to enhance the service potential (useful life or capacity) of a tangible capital asset
Keywords:  auto, depreciation, claim, takes, pays
When your insurance company pays your auto claim and takes depreciation on parts.
Keywords:  ills, relieving, act, changing
the act of relieving ills and changing for the better
Keywords:  progress, development, change
a change for the better; progress in development
Means through the tax system of capturing the development value of land for the benefit of the community.