Meaning of “leeway” in the English Dictionary

"leeway" in American English

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leewaynoun [ U ]

us /ˈliˌweɪ/

freedom to act within certain limits:

[ + to infinitive ] The law gives companies more leeway to decide whether to accept or reject an offer.

Leeway is also additional time or money:

Homeowners need some leeway to buy a new house after they sell the old one.

(Definition of “leeway” from the Cambridge Academic Content Dictionary © Cambridge University Press)