Allowance

Definition of the noun allowance

What does allowance mean as a name of something?

noun - plural: allowances

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
   • lexical domain: Possessions - nouns denoting possession and transfer of possession
   • more generic words: part / percentage / portion / share = assets belonging to or due to or contributed by an individual person or group
   • more specific term: privy purse = allowance for a monarch's personal expenses
2. a sum granted as reimbursement for expenses
   • lexical domain: Possessions - nouns denoting possession and transfer of possession
   • more generic word: reimbursement = compensation paid (to someone) for damages or losses or money already spent etc.
   • more specific terms:
     • per diem = a daily allowance for living expenses
     • travel reimbursement / travel allowance = a sum allowed for travel
3. an amount added or deducted on the basis of qualifying circumstances
   • example: an allowance for profit
   • lexical domain: Possessions - nouns denoting possession and transfer of possession
   • synonym of allowance: adjustment
   • more generic word: recompense = payment or reward
   • more specific terms:
     • cost-of-living allowance = an allowance for changes in the consumer price index
     • depreciation allowance = an allowance for loss due to depreciation
     • deduction / discount = an amount or percentage deducted
     • seasonal adjustment = a statistical adjustment made to accommodate predictable fluctuations as a function of the season of the year
     • tare = an adjustment made for the weight of the packaging in order to determine the net weight of the goods
4. a permissible difference; allowing some freedom to move within limits
   • lexical domain: Attributes - nouns denoting attributes of people and objects
   • synonyms of allowance: leeway / margin / tolerance
   • more generic words: disagreement / discrepancy / divergence / variance = a difference between conflicting facts or claims or opinions
5. a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
   • lexical domain: Possessions - nouns denoting possession and transfer of possession
   • synonyms of allowance: allowance account / valuation account / valuation reserve
   • more generic terms: reserve account / reserve fund = 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
   • lexical domain: Acts - nouns denoting acts or actions
   • more generic words: license / permission / permit = the act of giving a formal (usually written) authorization
   • more specific word: tolerance = the act of tolerating something

Alternative definition of the noun allowance

noun

1. The act of allowing, granting, conceding, or admitting; authorization; permission; sanction; tolerance.
   • synonym: stipend
2. See Acknowledgment.
3. That which is allowed; a share or portion allotted or granted; a sum granted as a reimbursement, a bounty, or as appropriate for any purpose; a stated quantity, as of food or drink; hence, a limited quantity of meat and drink, when provisions fall short.
4. Abatement; deduction; the taking into account of mitigating circumstances; as, to make allowance for the inexperience of youth.
5. [context: commerce] A customary deduction from the gross weight of goods, different in different countries, such as tare and tret.
6. A child's allowance; pocket money.

Definition of the verb allowance

What does allowance mean as a doing word?

verb - inflections: allowanced | allowancing | allowances

1. put on a fixed allowance, as of food
   • lexical domain: Possession - verbs of buying, selling, owning
   • more generic words: allow / grant = let have

Music

"Allowance" is a musical EP of Isolée.

• released in February 2013

Miscellanea

1. Allowance: An allowance is an amount of money given or allotted usually at regular intervals for a specific purpose. In the context of children, parents may provide an allowance to their child for their miscellaneous personal spending. In the construction industry it may be an amount allocated to a specific item of work as part of an overall contract.
2. Allowance: In engineering and machining, an allowance is a planned deviation between an actual dimension and a nominal or theoretical dimension, or between an intermediate-stage dimension and an intended final dimension. The unifying abstract concept is that a certain amount of difference allows for some known factor of compensation or interference. For example, an area of excess metal may be left because it is needed to complete subsequent machining. Common cases are listed below. An allowance, which is a planned deviation from an ideal, is contrasted with a tolerance, which accounts for expected but unplanned deviations.

Phrases with Allowance

1. allowance account
2. Seam allowance
3. travel allowance
4. Attendance Allowance
5. Jobseeker's Allowance
6. depreciation allowance
7. cost-of-living allowance

Printed dictionaries and other books with definitions for Allowance

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Foundations of Marketing (2014)

by William M. Pride, O. C. Ferrell

One such trade allowance is a buying allowance, a temporary price reduction offered to resellers for purchasing specified quantities of a product. A soap producer, for example, might give retailers $1 for each case of soap purchased.

Your Federal Income Tax for Individuals (2006)

A per diem allowance is a fixed amount of daily reimbursement your employer gives you for your lodging, meal, and incidental expenses when...

Marketing 2016 (2015)

by William M. Pride, O. C. Ferrell

One such trade allowance is a buying allowance, a temporary price reduction offered to resellers for purchasing specified quantities of a product. A soap producer, for example, might give retailers $1 for each case of soap purchased.

Marketing (2008)

by William Pride, Ferrell

One such trade allowance is a buying allowance, a temporary price reduction offered to resellers for purchasing specified quantities of a product. A soap producer, for example, might give retailers $1 for each case of soap purchased.

Combat Poverty Agency Submission to the Department of Social Welfare on the Review of the National Fuel Scheme (1996)

The Fuel Allowance is a payment of £5 per week for low income households who undergo a means test. The scheme operates from mid-October to mid-April. An additional payment of £3 per week is payable to households living in areas ...

EY Tax Guide 2015 (2014)

by Ernst & Young

A per diem allowance is a fixed amount of daily reimbursement your employer gives you for your lodging, meal, and incidental expenses when you are...

A car allowance is an amount your employer gives you for the business use of your car.

How Social Security Works (2011)

An Introduction to Benefits in Britain by Paul Spicker

Attendance Allowance is the main benefit for disabled people over retirement age – and most disabled people are over retirement age. Despite the name...

Disability Living Allowance is a more complex benefit for disabled people under 65.

Exportimport bank OMB's method for estimating bank's loss rates involves challenges and lacks transparency : report to congressional committees.

Loan Loss Allowance Is an Important Factor in an Institution's Financial Condition The loan loss allowance plays a key role in the financial condition of a bank.2 It reflects a bank's judgment of the overall collectibility of its loan portfolio; that is, ...

Profitable Partnering in Construction Procurement (2003)

by Stephen Ogunlana

The average risk allowance is the probability of the client requiring it multiplied by the maximum...

The rationale for using a 50% chance of being exceeded in the average risk allowance is that it is unusual for all identified risks, that is the worst ...

The Business of Medical Practice (2010)

Transformational Health 2.0 Skills for Doctors, Third Edition by David E. Marcinko, MBA, CFP, CMP

The reimbursement allowance is the third party payer's payment obligation based on the submitted claim for service and tempered by actuarial determinations, negotiated benefit allotments, policies, guidelines, and “other” influencing factors.

The Foreman/Supervisor’s Handbook (2012)

by Carl Heyel

The personal allowance is the time allowed for getting a drink of water, going to washroom, etc. It is normally around 5 per Normal Time (1 75 Min ) Normal Time ( 140 ...

European Social Charter (2005)

European Committee of Social Rights : Conclusions XVII-2 by Council of Europe: European Committee of Social Rights, Comité européen des droits sociaux

Regarding the adequacy of family benefits, the Committee considers that child allowance is an adequate income supplement when it represents a significant percentage of the monthly mean equivalised net income. In Hungary average child ...

Positive Thinking Is for Sissies (2009)

Book 1, Master Your Damn Emotions! by Sensei Ron Thomas

When you ease up on the rules and ations you set for the people and situations in your life ch are judgments by the way — you will be much hap- remember to remember this: Allowance is the key, let tel. This doesn't mean that you don't set ...

Dictionary of Accounting (1985)

by Ralph W. Estes

allowance (1) An account deducted from an asset account to reflect a reduction in value or utility of the asset; a contra asset.

Encyclopedia Of Corrosion Technology (2004)

by Philip A. Schweitzer, P.E.

CORROSION ALLOWANCE The requited wall thickness of a pressure vessel or storage tank is derermined by the physical and mechanical properties of the specific metal or alloy being used and the operating conditions of remperature and ...

The Encyclopaedia of Pleading and Practice (1903)

Under the Codes and Practice Acts, at Common Law, in Equity and in Criminal Cases

The order granting an additional allowance cannot be made until all the issues have been disposed of; and hence where...

The law lexicon; or dictionary of jurisprudence, etc (1864)

by John Jane Smith Wharton

Allocation, an allowance made upon accounts in the Exchequer, or rather a placing or adding to a thing. —Encyc. Lond. Allocations facienda, a writ allowing to an accountant ...

The SAGE Encyclopedia of Economics and Society (2015)

by Frederick F. Wherry, Juliet B. Schor, Consulting Editor

The allowance can also be used to demonstrate the importance of saving money to afford expensive items such as toys or clothing; this is intended to give children an appreciation of the concept of delayed gratification—being able to resist the ...

Online dictionaries and encyclopedias with entries for Allowance

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Photos about Allowance

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Video language resources about Allowance

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View more videos about Seam allowance and Attendance Allowance.

See also the pronunciation examples of Allowance!

Quotes about Allowance

The horse's best allowance is his master's eye.
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Scrabble value of A₁L₁L₁O₁W₄A₁N₁C₃E₁

The value of this 9-letter word is 14 points. It is included in the first and second editions of the Official Scrabble Players Dictionary.

Anagrams of ALLOWANCE

What do you get if you rearrange the letters?

• WACONELLA

See also the blanagrams of Allowance!

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