Allowance vs Indemnity - What's the difference?
allowance | indemnity |
The act of allowing, granting, conceding, or admitting; authorization; permission; sanction; tolerance.
* Without the king's will or the state's allowance. --
Acknowledgment.
* The censure of the which one must in your allowance overweigh a whole theater of others. --
That which is allowed; a share or portion allotted or granted; a sum granted as a reimbursement, a bounty, or as appropriate for any purpose; a stated quantity, as of food or drink; hence, a limited quantity of meat and drink, when provisions fall short.
* I can give the boy a handsome allowance. -- .
Abatement; deduction; the taking into account of mitigating circumstances; as, to make allowance for the inexperience of youth.
* After making the largest allowance for fraud. -- .
(commerce) A customary deduction from the gross weight of goods, different in different countries, such as tare and tret.
A child's allowance; pocket money.
(minting) A permissible deviation in the fineness and weight of coins, owing to the difficulty in securing exact conformity to the standard prescribed by law.
(obsolete) approval; approbation
(obsolete) license; indulgence
To put upon a fixed allowance (especially of provisions and drink); to supply in a fixed and limited quantity.
(legal) An obligation or duty upon an individual to incur the losses of another.
Repayment.
(legal) The right of an injured party to shift the loss onto the party responsible for the loss.
A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.
As nouns the difference between allowance and indemnity
is that allowance is the act of allowing, granting, conceding, or admitting; authorization; permission; sanction; tolerance while indemnity is an obligation or duty upon an individual to incur the losses of another.As a verb allowance
is to put upon a fixed allowance (especially of provisions and drink); to supply in a fixed and limited quantity.allowance
English
(wikipedia allowance)Alternative forms
* allowaunce (obsolete)Noun
(en noun)- She gives her daughters each an allowance of thirty dollars a month.
- (Crabbe)
- (John Locke)
Synonyms
* (money) * (minting) (l), (l)Verb
(allowanc)- The captain was obliged to allowance his crew.
- Our provisions were allowanced .