valuation account vs allowance account

valuation account and allowance account both are nouns.

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

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

valuation account 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 valuation account include allowance, valuation reserve.

valuation account (noun)	allowance 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