Understanding the meaning of allowance account - BoostVocab

Smart Search Learn a New Word

allowance account

/ə'laʊəns_ə'kaʊnt/

Synonyms of allowance account Antonyms of allowance account Examples of allowance account Usage of allowance account Parts of allowance account Definition that contains allowance account Words sounding like allowance account Explanation of 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
- + New List
Similar:

allowance valuation account valuation reserve

type of:
reserve account reserve fund

Explanation of allowance account

We don`t have explanations for this word yet.