allowance Meaning in the Cambridge English Dictionary

Meaning of “allowance” in the English Dictionary

"allowance" in British English

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uk   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 ​jobinclude a ​companypension 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 ​parentsregularly give to ​theirchild to ​spend as they ​choose
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allowance noun (PREPARATION)

make allowance for to ​prepare for the ​possibility of: We should make allowance for ​badweather and have plenty of ​umbrellasavailable.

allowance noun (ACCEPTING)

make allowances for C2 To make allowances for someone is to ​think about ​theircharacteristics and not ​judge them too ​severely: You should make allowances for him - he's been ​quiteillrecently. "This is a ​poorpiece of ​work." "Yes, but you should make allowances for the ​fact that she's only seven."
(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 ​particularpurpose: What is the ​recommendeddaily 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   us   /əˈlaʊəns/
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 ​telecommutingexecutives an allowance to ​buyoffice 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 ​perpassenger, and $80 ​peradditionalbag. In ​Europe nearly all of the ​valuable emission allowances - ​permits that each ​allow one ​ton of ​emissions - were given away to ​powercompanies.
TAX an ​amount of ​goods that you are ​allowed to ​buy and take into another country before you have to ​startpayingtax: 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 ​taxowed 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 ​taxowed is ​calculated: The ​purchaser of ​assets can ​claim allowances on ​certainitems 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 ​customerservice caused by a ​strike. They made a 10% allowance for ​baddebt. The ​company will ​extend existing health-plan ​contracts and their ​pricing for eight ​years, with allowances for ​inflation.
COMMERCE a ​specialarrangement, such as a ​lowerprice, that ​manufacturersoffer 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 ​returnagreement.
(Definition of allowance from the Cambridge Business English Dictionary © Cambridge University Press)
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