- Approval; approbation. - The act of allowing, granting, conceding, or admitting;
authorization; permission; sanction; tolerance. - Acknowledgment. - License; indulgence. - 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. - Abatement; deduction; the taking into account of
mitigating circumstances; as, to make allowance for the inexperience of
youth. - A customary deduction from the gross weight of goods,
different in different countries, such as tare and tret. - To put upon a fixed allowance (esp. of provisions and
drink); to supply in a fixed and limited quantity; as, the captain was
obliged to allowance his crew; our provisions were allowanced.
Meaning of 'allowance' (Princeton's WordNet)
1 . allowance
[ n]
Meaning (1): - an amount allowed or granted (as during a given period)
Example in sentence:
a child's allowance should not be too generous;
my weekly allowance of two eggs;
travel allowance
Meaning (2): - an amount added or deducted on the basis of qualifying circumstances
Example in sentence:
an allowance for profit
Meaning (3): - the act of allowing
Example in sentence:
He objected to the allowance of smoking in the dining room
Trade allowance A discount a manufacturer gives retailers and wholesalers for performing certain functions or making purchases during a specified
Table of allowance Table of allowance is an equipment allowance document that prescribes basic allowances of organizational equipment, and provides the control to develop ...
Annual allowance The Annual Allowance is the limit of savings that can be accumulated from one’s pension payouts in a calendar year as per the taxation timeline.
Mileage allowance Mileage allowance is in a vehicle lease; the number of miles the lessee is permitted to drive over the term of the lease without incurring an excess
Allowances Allowances are the type of reduction from the list price. It also refers to promotional money paid by manufacturers to retailers in return for an agreement...
Allowance method The allowance method of accounting for bad debts involves estimating uncollectible accounts at eh end of each period. This provides better matching on the income statement.
Hardship Allowances Hardship allowances- compensate expatriates for exceptionally hard living and working conditions at certain foreign locations.