bet·ter·ment

[bet-er-muhnt]
noun
1.
the act or process of bettering; improvement.
2.
an improvement of property other than by mere repairs.
Origin:
1590–1600; better1 + -ment

Related forms
self-bet·ter·ment, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
betterment (ˈbɛtəmənt) [Click for IPA pronunciation guide]
 
—n
1.  a change for the better; improvement
2.  property law an improvement effected on real property that enhances the value of the property

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Betterment is always a great word to know.
So is lollapalooza. Does it mean:
a scrap or morsel of food left at a meal.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
LEARN MORE UNUSUAL WORDS WITH WORD DYNAMO...
Etymonline
Word Origin & History

betterment
1590s, from better + -ment.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Contrary to economic lore, soccer success does not translate into national
  economic betterment.
Island people are taking back control of their oceans for the betterment of all.
Let all patriots unite and work for the betterment of all.
He is not out only for himself but for others as well as the betterment of his
  university.
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