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Definition of “allowance” - English Dictionary

"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 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

expend iconexpend iconMore examples

(Definition of allowance from the Cambridge Advanced Learners Dictionary & Thesaurus © 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 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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