allowance vs discount

discount vs allowance

allowance and discount both are nouns.

allowance and discount both are verbs.

Word	Noun	Adjective	Verb	Adverb
allowance	Yes	No	Yes	No
discount	Yes	No	Yes	No

As nouns, discount is a hyponym of allowance; that is, discount is a word with a more specific, narrower meaning than allowance:

allowance: an amount added or deducted on the basis of qualifying circumstances
discount: an amount or percentage deducted

Other hyponyms of allowance include cost-of-living allowance, depreciation allowance, deduction, seasonal adjustment, tare, extra duty allowance, extraneous duty allowance, special duty allowance.

allowance (noun)	discount (noun)
the act of allowing	the act of reducing the selling price of merchandise
a permissible difference; allowing some freedom to move within limits	an amount or percentage deducted
an amount allowed or granted (as during a given period)	interest on an annual basis deducted in advance on a loan
an amount added or deducted on the basis of qualifying circumstances	a refund of some fraction of the amount paid
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)	discount (verb)
put on a fixed allowance, as of food	bar from attention or consideration
	give a reduction in price on

Difference between allowance and discount

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