👉 The term "betterment" refers to a change or improvement in one's financial situation, health, or other aspect of life. It is often associated with positive changes like receiving a promotion at work, buying a house, or saving more money. The goal of betterment is to achieve financial security and satisfaction by making necessary adjustments to one's financial plan.
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What is the definition of Betterments? 🙋
👉 In the context of legal and professional contexts, "betterments" refers to a situation where one party has made a more substantial or beneficial change in exchange for something else. This can include improvements in services provided by the other party, changes in terms of payment arrangements, or any other significant modification that benefits both parties. For instance, if an individual makes a betterment to their property by improving it, this is considered a benefit to the original owner, and thus might be considered as a "better
