What does "advancement" mean?

1. (career progress) the act of moving to a higher position or a better job in a company. 2. (improvement or progress) an improvement or a step forward in a particular area, like science or technology. 3. (early payment) money that is paid to someone before the usual or agreed time. 4. (early inheritance) property or money given to a child by a parent before the parent dies.

How do you use "advancement"?

Often used in the context of probate and estate planning.

advancement

US //ədˈvænsmənt// UK //ɐdvˈænsmənt// ad·vance·ment

1 career progress (n.)
B2 Upper Intermediate

the act of moving to a higher position or a better job in a company.

the act of being promoted to a higher rank, status, or position within a professional hierarchy.

Example

The company offers many opportunities for career advancement if you work hard.

Example

The ambitious junior associate viewed the international assignment as a critical step for her long-term advancement within the firm.
- demotion
2 improvement or progress (n.)
B2 Upper Intermediate

an improvement or a step forward in a particular area, like science or technology.

the process of making progress or the state of being further developed in a specific field.

Example

Recent advancements in medicine have helped people live much longer lives.

Example

The rapid advancement of artificial intelligence has prompted ethical debates across various sectors of the global economy.
- decline
- regression

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3 early payment (n.)
C1 Advanced Formal

money that is paid to someone before the usual or agreed time.

a payment made in advance of a scheduled date or the fulfillment of a contract.

Example

The author requested an advancement on her royalties to cover her travel costs.

Example

The contractor required an advancement of funds to secure the necessary raw materials before the project could officially commence.
- advance
- prepayment
4 early inheritance (n.)
C2 Proficiency Technical Formal Law

property or money given to a child by a parent before the parent dies.

a gift of property or funds made by a parent to a child in anticipation of the child's future share of the estate.

Example

The large gift was considered an advancement of his eventual inheritance.

Example

The court had to determine whether the lifetime gift constituted an advancement that should be deducted from the beneficiary's final share of the estate.

Usage

Often used in the context of probate and estate planning.
- endowment

Origin

From Middle English avancement, Old French avancement. See advance. Morphologically advance + -ment.