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Meaning & Definition of Allowance in English

English

Allowance

/əlaʊəns/

noun

1. An amount allowed or granted (as during a given period)

  • "Travel allowance"
  • "My weekly allowance of two eggs"
  • "A child's allowance should not be too generous"
    synonym:
  • allowance

2. A sum granted as reimbursement for expenses

    synonym:
  • allowance

3. An amount added or deducted on the basis of qualifying circumstances

  • "An allowance for profit"
    synonym:
  • allowance
  • ,
  • adjustment

4. A permissible difference

  • Allowing some freedom to move within limits
    synonym:
  • allowance
  • ,
  • leeway
  • ,
  • margin
  • ,
  • tolerance

5. A reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets

    synonym:
  • valuation reserve
  • ,
  • valuation account
  • ,
  • allowance
  • ,
  • allowance account

6. The act of allowing

  • "He objected to the allowance of smoking in the dining room"
    synonym:
  • allowance

verb

1. Put on a fixed allowance, as of food

    synonym:
  • allowance