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What is another word for accounting allowances?

Pronunciation: [ɐkˈa͡ʊntɪŋ ɐlˈa͡ʊənsɪz] (IPA)

Accounting allowances refer to the reductions in value of an asset or liability on a company's financial statements. Synonyms for accounting allowances might include write-downs, depreciation, or impairment charges. A write-down is a decrease in the value of an asset or liability on a balance sheet. Depreciation is the systematic reduction in the value of an asset over time due to wear and tear or obsolescence. An impairment charge is a reduction in the value of an asset due to a decline in its recoverable amount. Accounting allowances are an important part of financial reporting, as they reflect the true value of an asset or liability.
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Synonyms for Accounting allowances:

What are the hypernyms for Accounting allowances?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    accounting methods, business practices, Bookkeeping techniques, Financial Regulations, Tax regulations.

What are the opposite words for accounting allowances?

Accounting allowances often refer to deductions that companies take from their financial statements. These deductions can have opposite meanings if we were to consider their antonyms. For example, instead of allowances, companies may also record accounting "charges" or "disbursements" - indicating an increase in expenses rather than a reduction. Alternatively, "revenues" or "earnings" can also be antonyms to accounting allowances if we consider what they represent. Whereas accounting allowances reduce the company's net income, these antonyms would increase it. When analyzing a company's financial statements, it's important to consider not only the meaning of the term but also its antonyms to gain a full understanding of the company's financial health.

What are the antonyms for Accounting allowances?

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