Advancement (noun)

1. The act or process of advancing, especially in social, economic, or technological terms.
2. The state of being advanced or progressed.
3. The act of promoting or raising to a higher rank or position.

Origin:

From the old french avancer, meaning "to come forward" or "to go forward," which comes from the latin avantare, meaning "to go before" or "to advance.".

Examples:

1. The company has seen a lot of advancement in the last few years.
2. He has made great advancement in his studies.
3. She has been promoted to a higher position as a result of her advancement in the company.
4. The advancement of technology has greatly improved communication.
5. The country has seen a lot of economic advancement in the last decade.