valuation reserve vs allowance account

valuation reserve and allowance account both are nouns.

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

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

valuation reserve 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 reserve include allowance, valuation account.

valuation reserve (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