» allowance
Noun (6 meanings)
1. an amount allowed or granted (as during a given period).
Examples:
- “travel allowance”,
- “my weekly allowance of two eggs”,
- “a child's allowance should not be too generous”
allowance is a type of:
- share, portion, part, percentage (noun) - assets belonging to or due to or contributed by an individual person or group
types of allowance:
- privy purse (noun) - allowance for a monarch's personal expenses
allowance is derivationally related to:
2. a sum granted as reimbursement for expenses.
allowance is a type of:
- reimbursement (noun) - compensation paid (to someone) for damages or losses or money already spent etc.
types of allowance:
- per diem (noun) - a daily allowance for living expenses (especially while traveling in connection with your job)
- travel allowance, travel reimbursement (noun) - a sum allowed for travel
3. an amount added or deducted on the basis of qualifying circumstances.
Example:
- “an allowance for profit”
allowance is a type of:
- recompense (noun) - payment or reward (as for service rendered)
types of allowance:
- cost-of-living allowance (noun) - an allowance for changes in the consumer price index
- deduction, discount (noun) - an amount or percentage deducted
- depreciation allowance (noun) - an allowance for loss due to depreciation
- seasonal adjustment (noun) - a statistical adjustment made to accommodate predictable fluctuations as a function of the season of the year
- tare (noun) - an adjustment made for the weight of the packaging in order to determine the net weight of the goods
allowance is derivationally related to:
- to adjust (verb) - decide how much is to be paid on an insurance claim
4. a permissible difference; allowing some freedom to move within limits.
allowance is a type of:
- discrepancy, disagreement, divergence, variance (noun) - a difference between conflicting facts or claims or opinions
allowance is derivationally related to:
5. a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets.
valuation reserve, valuation account, allowance, allowance account
allowance is a type of:
- reserve account, reserve fund (noun) - funds taken out of earnings to provide for anticipated future payments
6. the act of allowing.
Example:
- “He objected to the allowance of smoking in the dining room”
allowance is a type of:
- license, permission, permit (noun) - the act of giving a formal (usually written) authorization
types of allowance:
- tolerance (noun) - the act of tolerating something