Allowances

n. stipend; grant; pocket money; discount, deduction; acknowledgment

An allowance can be various things, depending on the context. The word allowance (pronounced ) is an English word originating from the Old French word alouance (which evolved from Latin allaudāre, "to praise" and from Medieval Latin allocāre, "to assign"). The allow- root refers most generally to the concept of permission; an allowance in most abstract terms is an act or instance of something being allowed, that is, permitted. From this most general meaning flow many specific meanings of allowance in English, detailed in following sections.
See more at Wikipedia.org...

Noun
1. an amount allowed or granted (as during a given period); "travel allowance"; "my weekly allowance of two eggs"; "a child's allowance should not be too generous"
(hypernym) share, portion, part, percentage
(hyponym) privy purse
2. a sum granted as reimbursement for expenses
(hypernym) reimbursement
(hyponym) travel allowance
3. an amount added or deducted on the basis of qualifying circumstances; "an allowance for profit"
(synonym) adjustment
(hypernym) recompense
(hyponym) cost-of-living allowance
4. a permissible difference; allowing some freedom to move within limits
(synonym) leeway, margin, tolerance
(hypernym) discrepancy, disagreement, divergence, variance
(derivation) allow, permit, tolerate
5. a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
(synonym) valuation reserve, valuation account, allowance account
(hypernym) reserve account, reserve fund
6. the act of allowing; "He objected to the allowance of smoking in the diningroom"
(hypernym) license, permission, permit
(hyponym) tolerance
(derivation) allow, permit, tolerate
Verb
1. put on a fixed allowance, as of food
(hypernym) allow, grant

amounts deducted from an invoice in return for prompt payment, large quantity purchase, special promotions etc of goods and services supplied. See Discount.