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allowance account vs reserve fund

reserve fund vs allowance account

allowance account and reserve fund both are nouns.

Word NounAdjectiveVerbAdverb
allowance account Yes No No No
reserve fund Yes No No No
As nouns, reserve fund is a hypernym of allowance account; that is, reserve fund 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 fund: funds taken out of earnings to provide for anticipated future payments
Other hypernyms of allowance account include reserve account.
allowance account (noun) reserve fund (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 fund

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