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Noun: allowance  u'law-un(t)s
  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"
     
  2. A sum granted as reimbursement for expenses
     
  3. An amount added or deducted on the basis of qualifying circumstances
    "an allowance for profit";
    - adjustment
     
  4. A permissible difference; allowing some freedom to move within limits
    - 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
    - valuation reserve, valuation account, allowance account
     
  6. The act of allowing
    "He objected to the allowance of smoking in the dining room"
Verb: allowance  u'law-un(t)s
  1. Put on a fixed allowance, as of food

Derived forms: allowancing, allowanced, allowances

Type of: accord, allot, allow, disagreement, discrepancy, divergence, grant, licence [Brit, Cdn], license [N. Amer], part, percentage, permission, permit, portion, recompense, reimbursement, reserve account, reserve fund, share, variance

Encyclopedia: Allowance