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An allowance is an amount of money given or allotted usually at regular intervals for a specific purpose. In the context of children, parents may provide an allowance (British English: pocket money) to their child for their miscellaneous personal spending. In the construction industry, an allowance may be an amount allocated to a specific item ...
Allowance may refer to: Allowance (engineering), a planned deviation between two dimensions; Allowance (money), an amount of money given at regular intervals for a specific purpose; Allowance for bad debts in accounting; Carbon emission trading as an economic tool in climate change mitigation Emissions trading for pollutants in general
Discretionary income is disposable income (after-tax income), minus all payments that are necessary to meet current bills. It is total personal income after subtracting taxes and minimal survival expenses (such as food, medicine, rent or mortgage, utilities, insurance, transportation, property maintenance, child support, etc.) to maintain a certain standard of living. [7]
Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions ( as medium of exchange, store of value, and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. [1]
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The survey, called Chores & Allowance and the 21st Century Kid, was conducted by DoughMain.com, a company dedicated to family financial education. It found that the vast majority of parents -- 89% ...
Discounts are reductions applied to the basic sale price of goods or services. Allowances against price may have a similar effect . Discounting practices operate within both business-to-business and business-to-consumer contexts. [1]
A money market fund (MMF) is a mutual fund that pools money from many investors to buy safe short-term investments like government bonds and high-quality corporate loans. Money market funds aim to ...