English dictionary
allowance account meaning and definition
Definition and meaning of allowance account at MeaningMonkey.org. allowance account meaning and definition in the English Dictionary.ALLOWANCE ACCOUNT noun
Definition 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
- synonyms: allowance, valuation account, valuation reserve
Source: Princeton University Wordnet