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allowance account vs reserve account

reserve account vs allowance account

allowance account and reserve account both are nouns.

Word NounAdjectiveVerbAdverb
allowance account Yes No No No
reserve account Yes No No No
As nouns, reserve account is a hypernym of allowance account; that is, reserve account is a word with a broader meaning than allowance account:
  • 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
  • reserve account: funds taken out of earnings to provide for anticipated future payments
Other hypernyms of allowance account include reserve fund.
allowance account (noun) reserve account (noun)
a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets funds taken out of earnings to provide for anticipated future payments
Difference between allowance account and reserve account

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