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allowance - definition and synonyms


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noun [countable]     allowance pronunciation in American English
Word Forms
  1. 1
    an amount of money that parents give a child regularly

    I had to pay for the broken window out of my allowance.

    1. a.
      an amount of money that someone receives regularly, in order to pay for the things they need

      She receives a monthly allowance of $500.

      a housing/clothing allowance (=money given to help people with their rent, clothes, or heating):

      The overseas placement includes a housing allowance.

  2. 2
    an amount of something that you are officially allowed by a particular set of rules or by the law

    the recommended daily allowance of Vitamin C

    Your baggage allowance is 75 pounds.

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a description of an economic or political situation based on analysis of information at the present time

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an unregulated form of capitalism that features financial deregulation, privatisation and low tax for high earners

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