Allowance (other)
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Allowance (other)
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 See also * Welfare, a type of government support to ensure members of a society can meet basic human needs * Allowance system, a 19th-century system of poor relief in Britain * Allowance race, in North American horse racing * Baggage allowance, the amount of baggage allowed per passenger * EU Allowance in the European Union Emission Trading Scheme * Personal allowance in the United Kingdom's taxing system * Seam allowance Seam allowance (sometimes called inlays) is the area between the fabric edge and the stitching line on two (or more) pieces of material being sewn together. Seam allowances can range from wide to as much as several inch ...
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Allowance (engineering)
In engineering and machining, an allowance is a planned deviation between an exact dimension and a nominal or theoretical dimension, or between an intermediate-stage dimension and an intended final dimension. The unifying abstract concept is that a certain amount of difference ''allows for'' some known factor of compensation or interference. For example, an area of excess metal may be left because it is needed to complete subsequent machining. Common cases are listed below. An ''allowance,'' which is a ''planned'' deviation from an ideal, is contrasted with a '' tolerance,'' which accounts for expected but unplanned deviations. Allowance is basically the size difference between components that work together. Allowance between parts that are assembled is very important. For example, the axle of a car has to be supported in a bearing otherwise it will fall to the ground. If there was no gap between the axle and the bearing then there would be a lot of friction and it would be difficu ...
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Allowance (money)
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 of work as part of an overall contract. The person providing the allowance usually tries to control how or when money is spent by the recipient so that it meets the aims of the person providing the money. For example, an allowance by a parent may be motivated to teach the child money management and be either unconditional or tied to the completion of chores or the achievement of specific grades. The person supplying the allowance usually specifies the purpose and may put controls in place to make sure that the money is spent only for that purpose. For example, company employees may be given an allowance or per diem to provide for meals and ...
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Allowance For Bad Debts
Bad debt, occasionally called uncollectible accounts expense, is a monetary amount owed to a creditor that is unlikely to be paid and for which the creditor is not willing to take action to collect for various reasons, often due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency. There are various technical definitions of what constitutes a bad debt, depending on accounting conventions, regulatory treatment and the institution provisioning. In the USA, bank loans with more than ninety days' arrears become "problem loans". Accounting sources advise that the full amount of a bad debt be written off to the profit and loss account or a provision for bad debts as soon as it is foreseen. Doubtful debt Doubtful debts are those debts which a business or individual is unlikely to be able to collect. The reasons for potential non-payment can include disputes oversupply, delivery, the condition of the item, or the appearance of fina ...
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Carbon Emission Trading
Emission trading (ETS) for carbon dioxide (CO2) and other greenhouse gases (GHG) is a form of carbon price, carbon pricing; also known as cap and trade (CAT) or carbon pricing. It is an approach to Climate change mitigation, limit climate change by creating a market with limited allowances for emissions. This can lower competitiveness of fossil fuels and accelerate investments into Low-carbon power, low carbon sources of energy such as wind power and photovoltaics. Fossil fuels are the main driver for climate change. They account for 89% of all CO2 emissions and 68% of all GHG emissions. Emissions trading works by setting a quantitative total limit on the emissions produced by all participating emitters. As a result, the price automatically adjusts to this target. This is the main advantage compared to a fixed carbon tax. Under emission trading, a polluter having more emissions than their quota has to purchase the right to emit more. The entity having fewer emissions sells ...
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Emissions Trading
Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission trading for and other greenhouse gases has been introduced in China, the European Union and other countries as a key tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants. In an emissions trading scheme, a central authority or governmental body allocates or sells a limited number (a "cap") of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them. Emissions trading is a type of flexible environmental regulation that allows organizations and markets to decide how best to meet policy t ...
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Welfare
Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifically to social insurance programs which provide support only to those who have previously contributed (e.g. most pension systems), as opposed to ''social assistance'' programs which provide support on the basis of need alone (e.g. most disability benefits). The International Labour Organization defines social security as covering support for those in old age, support for the maintenance of children, medical treatment, parental and sick leave, unemployment and disability benefits, and support for sufferers of occupational injury. More broadly, welfare may also encompass efforts to provide a basic level of well-being through free or subsidized ''social services'' such as healthcare, education, infrastructure, vocational training, and publi ...
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Allowance System
The allowance system was a system of poor relief in Britain Britain most often refers to: * The United Kingdom, a sovereign state in Europe comprising the island of Great Britain, the north-eastern part of the island of Ireland and many smaller islands * Great Britain, the largest island in the United King ... during the 19th century. The allowance system allowed the able-bodied poor to get allowance to boost their wages. Sources * Rosemary Rees, ''Poverty and Public Health 1815-1949,'' London, Heinemann (2001) Welfare in the United Kingdom Poor Law in Britain and Ireland {{UK-hist-stub ...
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Allowance Race
Glossary of North American horse racing: Additional glossaries at: *Glossary of Australian and New Zealand punting *Glossary of equestrian terms This is a basic glossary of equestrian terms that includes both technical terminology and jargon developed over the centuries for horses and other equidae, as well as various horse-related concepts. Where noted, some terms are used only in Americ ... * Parimutuel betting#Parimutuel bet types A B C D E F G H I J L M N O P Q R S T U W References Bibliography * * External linksFrankie Lovato's 365 Days of Ra ...
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Baggage Allowance
On the commercial transportation, mostly with airlines, the baggage allowance is the amount of checked baggage or hand/carry-on luggage the company will allow per passenger. There may be limits on the amount that is allowed free of charge, and hard limits on the amount that is allowed. The limits vary per airline and depend on the class, elite status, type of ticket, flight origin and destination. If a flight is booked together with another flight it may also have different limits (e.g. if another flight on the same ticket is a long-haul flight). The exact baggage conditions are mentioned in the ticket information online. Types of baggage On aircraft, there are two types of baggage, which are treated differently: checked baggage and hand/carry-on luggage. For both types, transportation companies have rules on the weight and size. For checked baggage, stored in the aircraft hold, usually the weight is the limiting factor. All checked items are generally weighed by the airline du ...
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EU Allowance
EU Allowances (EUA) are climate credits (or carbon credits) used in the European Union Emissions Trading Scheme (EU ETS). EU Allowances are issued by the EU Member States into Member State Registry accounts. By April 30 of each year, operators of installations covered by the EU ETS must surrender an EU Allowance for each ton of CO2 emitted in the previous year. The emission allowance is defined in Article 3(a) of the EU ETS Directive as being "an allowance to emit one tonne of carbon dioxide equivalent during a specified period, which shall be valid only for the purposes of meeting the requirements of this Directive and shall be transferable in accordance with the provisions of this Directive". The EU Allowances are connected to the EUs goal of achieving climate neutrality in the EU by 2050 and a 55% reduction in greenhouse gas emissions by 2030. Cap and trade system The EU ETS works on the 'cap and trade' principle. Companies receive or buy emission allowances within the cap ...
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Personal Allowance
In the UK tax system, personal allowance is the threshold above which income tax is levied on an individual's income. A person who receives less than their own personal allowance in taxable income (such as earnings and some benefits) in a given tax year does not pay income tax; otherwise, tax must be paid according to how much is earned above this level. Certain residents are entitled to a larger personal allowance than others. Such groups include: the over-65s (followed by a further increased allowance for over-75s), blind people, and married couples where at least one person in the marriage (or civil partnership) was born before 6 April 1935. People earning over £100,000 a year have a smaller personal allowance. For every £2 earned above £100,000, £1 of the personal allowance is lost; meaning that incomes high enough will not have a personal allowance. Personal allowance tapering On 22 April 2009, the then Chancellor Alistair Darling announced in the 2009 Budget state ...
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