allowance account vs valuation account

allowance account and valuation account both are nouns.

Word	Noun	Adjective	Verb	Adverb
allowance account	Yes	No	No	No
valuation account	Yes	No	No	No

As nouns, allowance account and valuation account are synonyms defined as:

allowance account and valuation 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 account include allowance, valuation reserve.

allowance account (noun)	valuation 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	a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets