Betterment
Part of speech: noun
Definition: An improvement. An improvement to a property that adds to its value.
Example sentence: In a competitive industry, only paranoid incumbents - those constantly striving for betterment - have any hope of surviving.
Improvement
Part of speech: noun
Definition: The act of improving; advancement or growth; promotion in desirable qualities; progress toward what is better; melioration; as, the improvement of the mind, of land, roads, etc.The act of making profitable use or application of anything, or the state of being profitably employed; a turning to good account; practical application, as of a doctrine, principle, or theory, stated in a discourse.The state of being improved; betterment; advance; also, that which is improved; as, the new edition is an improvement on the old.Increase; growth; progress; advance.(plural): Valuable additions or betterments, as buildings, clearings, drains, fences, etc., on premises.(Patent Laws): A useful addition to, or modification of, a machine, manufacture, or composition.
Example sentence: Strive for continuous improvement, instead of perfection.