Allowancing is a term commonly used to describe the act of allocating or distributing a set amount of money to someone for a specific purpose. However, there are several other words that can be used interchangeably with allowancing. Some of these synonyms include the terms stipend, grant, subsidy, and allocation. A stipend is a fixed regular payment given to someone to support their basic needs, while a grant is a sum of money given to support a project or initiative. A subsidy, on the other hand, is a financial assistance provided by the government or a company to support certain industries or activities. Lastly, allocation refers to the act of setting apart or designating a portion of resources for a particular purpose.