betterment

UK /ˈbɛtəmənt/ US /ˈbɛtɚmənt/
noun 2

Definitions

noun

1

An improvement or amelioration.

When BR "back-checked" (BR's term) the financial results of steam replacement across 49 schemes, where DMUs had been substituted on the London Midland Region, only one was now profitable. BR thinking on such substitutions referred to "betterment", not profit or loss.

2

An improvement to a property that adds to its value.

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