Advancement
/ædˈvæns·mənt/
Definitions
- (n.) The act of promoting or moving forward in rank, position, or condition.
Her advancement to manager was well-deserved due to her dedication.
- (n.) The payment of money or provision of benefits before they are due, especially in inheritance or contractual contexts.
The heir requested an advancement on their inheritance.
Forms
- advancements
Related terms
See also
Commentary
In legal contexts, 'advancement' often refers specifically to transferring inheritance funds early or career promotion within an organization.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.