HyperDic: allowance_account

English > 1 sense of the expression allowance account:
NOUNpossessionallowance account, valuation reserve, valuation account, allowancea reserve fund created by a charge against profits / profits in order to provide for changes in the value of a company's assets
English > allowance account: 1 sense > noun 1, possession
MeaningA reserve fund created by a charge against profits / profits in order to provide for changes in the value of a company's assets.
Synonymsvaluation reserve, valuation account, allowance
Broaderreserve account, reserve fundfunds taken out of earnings to provide for anticipated future payments

©2001-22 · HyperDic hyper-dictionary · Contact

English | Spanish | Catalan
Privacy | Robots

Valid XHTML 1.0 Strict