allowance Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “allowance” in the English Dictionary

"allowance" in British English

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allowancenoun

uk   /əˈlaʊ.əns/ us   /əˈlaʊ.əns/
  • allowance noun (AMOUNT GIVEN)

C1 [C] money that you are given regularly, especially to pay for a particular thing: The perks of the job include a company pension and a generous travel allowance. I couldn't have managed at college if I hadn't had an allowance from my parents.
[C] an amount of something that you are allowed: The baggage/luggage allowance for most flights is 20 kilos.
[C] mainly US UK usually pocket money an amount of money that parents regularly give to their child to spend as they choose

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(Definition of allowance from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"allowance" in American English

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allowancenoun [C]

us   /əˈlɑʊ·əns/
the amount of something available or needed for a particular purpose: What is the recommended daily allowance of vitamin A?
An allowance is also money given by parents to a child every week that the child can spend.
(Definition of allowance from the Cambridge Academic Content Dictionary © Cambridge University Press)

"allowance" in Business English

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allowancenoun [C]

uk   /əˈlaʊəns/ us  
money that someone is given regularly by their employer or by the government to pay for a particular thing: an accommodation/car/mileage allowancean allowance for sth/to do sth Some companies will even give their telecommuting executives an allowance to buy office furniture for their home. Employees relocating to London receive a maximum allowance of £1000 a year.
an amount of something that someone is allowed to have, use, produce, etc.: baggage/luggage allowance Baggage allowance is 2 free bags per passenger, and $80 per additional bag. In Europe nearly all of the valuable emission allowances - permits that each allow one ton of emissions - were given away to power companies.
TAX an amount of goods that you are allowed to buy and take into another country before you have to start paying tax: The Australian Customs Service will not charge you duty or tax on goods you bring in if they are within the duty-free allowance guidelines.
mainly UK TAX an amount of money that can be taken off your income before the tax owed is calculated: a tax allowance a personal/married couple's/single person's allowance an annual allowance
ACCOUNTING, TAX an amount of money that can be taken off a company's profits before the tax owed is calculated: The purchaser of assets can claim allowances on certain items such as plant and machinery.
the fact of planning or paying now for a possible future change in a situation or a possible future cost, or the amount that is planned for: make an allowance for sth It is unlikely that the regulator will make any allowance for falls in customer service caused by a strike. They made a 10% allowance for bad debt. The company will extend existing health-plan contracts and their pricing for eight years, with allowances for inflation.
COMMERCE a special arrangement, such as a lower price, that manufacturers offer to stores which are going to sell their products: When selling a new product, manufacturers sometimes give retailers an allowance, for example a sale or return agreement.
(Definition of allowance from the Cambridge Business English Dictionary © Cambridge University Press)
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