n. 1.an amount allowed or granted (as during a given period) 2.a sum granted as reimbursement for expenses 3.an amount added or deducted on the basis of qualifying circumstances 4.a permissible difference 5.a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets 6.the act of allowing allowance v. 1.put on a fixed allowance, as of food
