allowance

noun C1

Meaning

An allowance is a specified amount of money or resources allocated to an individual or entity, typically on a regular basis, to cover particular expenses or to facilitate certain activities; it may also refer to a concession or tolerance granted in a give
💡 The term "allowance" can often be confused with "salary" or "wage," but it specifically refers to a predetermined sum rather than compensation for work performed.

Example Sentences

She receives a monthly allowance to cover her living expenses .
The company increased the travel allowance for all employees last month .
The company provides a monthly allowance to cover travel expenses .
The research grant included an allowance for unexpected expenses during the study .

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