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allowance vs allowance account

allowance account vs allowance

allowance and allowance account both are nouns.

allowance is a verb but allowance account is not a verb.

Word NounAdjectiveVerbAdverb
allowance Yes No Yes No
allowance account Yes No No No
As nouns, allowance and allowance account are synonyms defined as:
  • allowance and allowance account: a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
Other synonyms of allowance include valuation account, valuation reserve.
allowance (noun) allowance account (noun)
the act of allowing a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
a permissible difference; allowing some freedom to move within limits
an amount allowed or granted (as during a given period)
an amount added or deducted on the basis of qualifying circumstances
a sum granted as reimbursement for expenses
a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
allowance (verb) allowance account (verb)
put on a fixed allowance, as of food
Difference between allowance and allowance account

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