Allowance
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1. Environmental policy - carbon pricing - emission trading schemes.
A right to emit a defined quantity of carbon dioxide (CO2), or its equivalent in other greenhouse gases.
2. Tax.
A tax-free amount, or other ways of calculating a reduction in tax payable.
3. Bank charges.
A way of calculating a reduction in bank fees and charges, for example an earnings credit allowance.
4. Banking - credit risk losses.
A way of calculating estimated credit risk losses on a portfolio of loans, for example an impairment allowance.
See also
- Annual allowance
- Cap and trade
- Capital allowances
- Carbon credits
- Carbon dioxide equivalent
- Carbon footprint
- Carbon pricing
- Carbon tax
- Carbon trading
- Charge
- Earnings credit allowance
- Emission trading scheme
- EU Allowance
- First year allowance
- Greenhouse gas
- Impairment allowance
- Personal allowance
- Plant and machinery allowances
- Relief
- UK Allowance
- Writing down allowance
