Advancement
Pronunciation : Ad*vance"ment
Part of Speech : n.
Etymology : [OE. avancement, F. avancement. See Advance, v. t.]
Definition : 1. The act of advancing, or the state of being advanced; progression; improvement; furtherance; promotion to a higher place or dignity; as, the advancement of learning. In heaven . . . every one (so well they love each other) rejoiceth and hath his part in each other's advancement. Sir T. More. True religion . . . proposes for its end the joint advancement of the virtue and happiness of the people. Horsley.
2. An advance of money or value; payment in advance. See Advance, 5.
3. (Law)
Defn: Property given, usually by a parent to a child, in advance of a future distribution.
4. Settlement on a wife, or jointure. [Obs.] Bacon.
Source : Webster's Unabridged Dictionary, 1913