Jun 23, 2022 · Allowances are a deviation from the basis grade or location allowable when delivering commodities under the terms of a futures contract. Allowances represent a premium or discount to the standards ...

Define allowance. Allowance as a noun means The act of allowing..

allowance: 1 n the act of allowing “He objected to the allowance of smoking in the dining room” Types: tolerance the act of tolerating something lenience , leniency lightening a penalty or excusing from a chore by judges or parents or teachers Type of: licence , license , permission , permit the act of giving a formal (usually written) ...

allowance. An accounting term used to describe entries on a profit and loss statement for expenses that might become necessary in the future. Examples include an allowance for bad debt, in which a certain percentage of income is deducted because of the likelihood it will be uncollectible.

Define Allowance. means a sum of money which the Agency may include in the total amount of the Contract for such specific contingencies as the Agency believes may be necessary to complete the Work, e.g., lead or asbestos remediation, and for which the Contractor will be paid on the basis of stipulated unit prices or a formula set forth in the Contract or negotiated …

Find 60 ways to say ALLOWANCE, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus.

Sep 10, 2021 · Accounting Allowances. The word ''allowance'' has several definitions in the business world. We will focus on the accounting definition in this section. An allowance is a balance sheet contra ...

Jan 13, 2021 · A sales allowance is a price reduction that a seller initiates because of a problem with the buyer's order. This can mean that the buyer received a defective product, didn't get part of their order or paid the incorrect price for an item, along with many other scenarios that a seller determines. A sales allowance is what a seller offers a buyer ...

Marketing Allowance means, for any period, [*] percent ( [*]%) of the [*] of such Product in such period, for the selling, marketing and other expenses related to the Product incurred by Watson and its Affiliates. Sample 1. Based on 1 documents. Marketing Allowance shall have the meaning assigned to such term in Section 9 (b).

An allowance is claimed for each qualifying situation that would reduce a taxpayer's taxable income, such as personal exemptions, child tax credits, or daycare expenses. Each allowance corresponds ...

An allowance is an amount of money given or allotted usually at regular intervals for a specific purpose. In the context of children, parents may provide an allowance ( British English: pocket money) to their child for their miscellaneous personal spending. In the construction industry, an allowance may be an amount allocated to a specific item ...

The Swell Allowance Program is a systematic method of automatically deducting a fixed percent from vendor's invoice payments to compensate the Agency for items not fit for sale and is designed to ensure the Agency, as a whole, is properly reimbursed.goods).13 It is important to note that these terms apply equally to both Family and In-House ...

definition. vacation allowance means an allowance to which an employee is entitled under section 39 or 44; (« indemnité de congé annuel ») vacation allowance. Employees earn vacation allowance for each full month of service in the vacation year. The rate is based on the employee ’s length of service.

2 days ago · Allowance definition: An allowance is money that is given to someone, usually on a regular basis , in order to... | Meaning, pronunciation, translations and examples