allowances

Intermediate 👥 Human Resources

Definition

The corporate world's way of saying 'here's some extra cash for specific things' without calling it a raise. This could be travel allowances, housing allowances, or that sweet per diem that employees definitely use exactly as intended. In accounting, it's also shorthand for 'money we've set aside because we know something will probably go wrong.'

Example Usage

The job offer included generous allowances for relocation expenses, which Sarah immediately calculated could cover approximately 1.5 months of San Francisco rent.

Source: HR and accounting terminology via Free Dictionary API

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