noun a sum of money paid regularly to a person, typically to meet specified needs or expenses
verb not applicable
adjective not applicable
adverb not applicable
pronoun not applicable
preposition not applicable
conjunction not applicable
interjection not applicable
article not applicable
In parenting, an allowance is a fixed amount of money given to children on a regular basis to teach them financial responsibility.
In finance, an allowance refers to a sum of money that is regularly given or allocated for a specific purpose, such as a child's allowance or a travel allowance for employees.
In education, an allowance may refer to extra time or resources given to students with special needs to help them succeed academically.
In accounting, an allowance is a reduction in the value of an asset or liability to reflect a loss of value or potential bad debt.
In HR and employment, an allowance is an additional amount of money given to employees to cover specific expenses, such as a housing allowance or a meal allowance.
In a business context, writers may receive an allowance for travel expenses incurred while researching or covering a story.
Psychologists may receive an allowance for attending conferences or workshops to further their professional development.
Salespeople may receive a car allowance to cover expenses related to using their personal vehicle for work purposes.
Consultants may receive a daily allowance for meals and incidentals while traveling for client meetings or projects.
Military personnel may receive a housing allowance to cover the cost of living off-base or away from their designated duty station.