betterment


betterment
An improvement to realty which is more extensive than an ordinary repair, and which increases in some substantial degree the value of the property. See occupying claimant acts.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • Betterment — 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… …   Wikipedia

  • betterment — index advancement (improvement), amendment (correction), behalf, correction (change), development ( …   Law dictionary

  • betterment — bet‧ter‧ment [ˈbetəmənt ǁ tər ] noun [uncountable] PROPERTY an increase in the value of property caused by improvements in the area surrounding the property: • It is logical to balance the compensation paid to aggrieved owners by collecting a… …   Financial and business terms

  • Betterment — Bet ter*ment, n. 1. A making better; amendment; improvement. W. Montagu. [1913 Webster] 2. (Law) An improvement of an estate which renders it better than mere repairing would do; generally used in the plural. [U. S.] Bouvier. [1913 Webster] …   The Collaborative International Dictionary of English

  • betterment — 1590s, from BETTER (Cf. better) + MENT (Cf. ment) …   Etymology dictionary

  • betterment — [n] improvement advancement, amelioration, mastery, melioration, progress, prosperity, upgrading; concept 244 Ant. deterioration, impairment, unhealthiness, worsening …   New thesaurus

  • betterment — ► NOUN ▪ improvement …   English terms dictionary

  • betterment — [bet′ərmənt] n. 1. a making or being made better; improvement ☆ 2. Law an improvement that increases the value of property and is more extensive than mere repairs …   English World dictionary

  • Betterment — A type of action or cost expenditure that contributes towards improving an asset s performance and/or increasing its value. Betterments do not include general maintenance related actions that seek to sustain an asset s current value. For example …   Investment dictionary

  • betterment — bet|ter|ment [ˈbetəmənt US tər ] n [singular] formal improvement, especially in someone s social and economic position for the betterment of sb/sth ▪ social change for the betterment of society as a whole …   Dictionary of contemporary English

  • betterment — [[t]be̱tə(r)mənt[/t]] N UNCOUNT: oft N of n The betterment of something is the act or process of improving its standard or status. [FORMAL] His research is for the betterment of mankind. Syn: improvement …   English dictionary


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