Usually means: Provision for potential credit losses.
Definitions Related words Mentions
We found 9 dictionaries that define the word allowance account:

General (8 matching dictionaries)
  1. allowance account: Merriam-Webster
  2. allowance account: Vocabulary.com
  3. allowance account: Dictionary.com
  4. allowance account: Rhymezone
  5. allowance account: FreeDictionary.org
  6. allowance account: Mnemonic Dictionary
  7. allowance account: TheFreeDictionary.com
  8. allowance account: Merriam-Webster

Computing (1 matching dictionary)
  1. allowance account: Encyclopedia

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Definitions from WordNet (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


Opposite:
liability account, payable account, debt account

▸ Words similar to allowance account

▸ Usage examples for allowance account

▸ Idioms related to allowance account

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▸ Rhymes of allowance account

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Opposite:
liability account, payable account, debt account




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