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Allowance account   /əlˈaʊəns əkˈaʊnt/   Listen
Allowance account

noun
1.
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.






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Words linked to "Allowance account" :   allowance, reserve fund, valuation account, reserve account



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