1. an amount added or deducted on the basis of qualifying circumstances

    Synonyms : adjustment
    Type Of : recompense
    Examples :
    • an allowance for profit
  2. a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets

    Synonyms : allowance account, valuation account, valuation reserve
    Type Of : reserve account, reserve fund
  3. a permissible difference; allowing some freedom to move within limits

    Synonyms : leeway, margin, tolerance
    Type Of : divergence, variance, disagreement, discrepancy
  4. an amount allowed or granted (as during a given period)

    Type Of : percentage, share, part, portion
    Examples :
    • travel allowance
    • my weekly allowance of two eggs
    • a child's allowance should not be too generous
  5. a sum granted as reimbursement for expenses

    Type Of : reimbursement
  6. put on a fixed allowance, as of food

    Type Of : grant, allow
  7. the act of allowing

    Type Of : license, permission, permit
    Examples :
    • He objected to the allowance of smoking in the dining room