Expense Allowance

Expense Allowance,

How To Define Expense Allowance?

  1. Life insurance brokers are compensated, as well as a commission to cover some of their expenses during their activity.

  2. Expenditure allowance is the amount that the insurer pays to the broker, excluding the money collected from the commission. This money can be used to cover business-related expenses prior to the transaction.

    Some states have a limit on the amount agents can charge for their expenses.

Literal Meanings of Expense Allowance

Expense:

Meanings of Expense:
  1. Compensation (item of expenses) as tax-related expenses.

  2. The price of something, the money spent on something.

Sentences of Expense
  1. Up to $ 17,500 in capital costs can be recovered this year.

  2. We order garments at high prices.

Synonyms of Expense

price, cost

Allowance:

Meanings of Allowance:
  1. Regularly give (someone) some money as a gift.

  2. The amount of something that is allowed, especially in a set of rules or for a specific purpose.

Sentences of Allowance
  1. He talks about travel expenses, but he has nominated social workers and is not allowed to leave his residence for more than three days.

  2. Seventy-five pounds check bag allowance.

Expense Allowance,

Expense Allowance Meanings:

  1. In addition, compensation for life insurance brokers and a commission to cover certain expenses incurred in carrying out their activities.

  2. Expenditure allowance is the amount paid to the insuring agent, excluding the money collected from the commission. This money can be used to cover business-related expenses prior to the transaction.

    Some states have a limit on the amount agents can accept for compensation.

Literal Meanings of Expense Allowance

Expense:

Meanings of Expense:
  1. Compensation as an expense in taxable income (item of expenses).

Synonyms of Expense

fee, outlay, charge, amount, payment, levy, tariff, rate, toll, figure, damage

Allowance:

Synonyms of Allowance

pocket money, annuity, expenses, portion, pension, slice, subsidy, subsistence, keep, lot, grant, handout, sum of money, limit, financial support, contribution, maintenance, stipend, payment, allocation, consideration, permitted amount/quantity, share

Expense Allowance,

Expense Allowance: What is the Meaning of Expense Allowance?

  • In addition, compensation to life insurance brokers and a commission for certain expenses incurred in the performance of their work.

Literal Meanings of Expense Allowance

Expense:

Meanings of Expense:
  1. Compensation (item of expenditure) as taxable income.

Sentences of Expense
  1. Capital costs can be charged up to $ 17,500 this year.

Allowance:

Meanings of Allowance:
  1. The amount of money that is paid to a person on a regular basis to meet their needs or expenses.

Sentences of Allowance
  1. Tolerating differences of opinion

Synonyms of Allowance

upkeep, remittance, helping, quota, allotment, benefit