allowance


Definition 1
A sum set aside for an occurrence that may or may not come to pass. For example, funds earmarked for expenses associated with potential bad weather.

Definition 2
Funds allocated periodically for a stated purpose, such as a per diem.

Definition 3
A discount, especially one offered as a result of specific circumstances.

Related Terms

allowance for depreciation -

allowance for doubtful accounts -

capital consumption allowance -  More

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