Home > Terms > English, UK (UE) > Allowances
Allowances
Money, other than basic pay, that compensates for expenses such as meals, rent, clothing and travel. The term can also apply to compensation that is given to an employee for maintaining proficiency in a specific skill area.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Accounting
- Category: Payroll
- Company:
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- Acronym-Abbreviation:
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