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allowance

allowance

20 3.3
An amount of money set aside in business for possible losses
  • noun
  • /əˈlaʊəns/
  • Specialized
translation icon : provisión
  • Santo, I'm increasing Judge Overton and Chief Barkley's monthly allowance.
  • depreciation allowance
  • depletion allowance
  • allowances and credits

Some of these are kind of additional allowance changes.

Examples

  • The company provides a monthly allowance for travel expenses to its employees.

  • I canceled your credit cards, and I'm revoking your allowance.

  • "You will notice I have increased your allowance this year."

  • Workers with families received a family allowance and access to better housing.

    Academic text (1996)
  • Cuts to local housing allowance, the housing benefit to people renting from private landlords, have reduced choice further.

    Academic text (2011)
  • I got a convent education because of a big allowance from my mother's family.

  • Earl got an allowance of about $15,000 when we moved here to build it.

  • Each student receives an allowance for school supplies at the beginning of the term.

  • In our budget meeting, we discussed the new allowance for unexpected costs in the project.

Synonyms

adjustment
vsallowance
  • Specialized
40 3.7

An amount added or taken away from a total for special reasons

is used to set aside money for future changes or expenses
valuation reserve
vsallowance
  • Specialized
8.1

A company keeps money from profits to cover possible drops in asset value

is used more broadly for changes expenses or special conditions
depreciation allowance
vsallowance
  • Specialized
7.4

An amount taken off profit for tax because a business asset loses value over time

is broader and can be set aside or changed for varied reasons

Antonyms

50 5.5

A smaller amount than people need or expect

Compounds

1 2.7

Money an employer gives to pay for work travel

1 4.1

Extra pay for employees to help with higher living costs

7.4

An amount taken off profit for tax because a business asset loses value over time

allowance account
  • Specialized
6.8

A record where a company keeps money for future loss in value of its goods

Extra pay for employees who do work beyond their normal job tasks

extra duty allowance
  • Specialized
6.0

Extra money employers pay employees for work beyond their normal tasks

An employer gives extra money to employees who have extra duties

How Much

reserve fund
  • Specialized
3 4.1
allowance
  • Specialized
20 3.3
reserve
194 3.5

Surface Forms

allowance singular
allowances plural

Morphology

allowance = allow (semi-transparent) = allow + ance

The word 'allowance' is derived from 'allow' with the suffix '-ance', but the specific business/finance meaning is not directly inferable.

Etymology

Allowance comes from the verb allow, which can mean 'to make room for' or 'to permit'. In business, an allowance is money 'set aside' to cover possible changes or losses.