Definition, Meaning & Synonyms

subsistence-allowance

Noun
/səbˈsɪstəns əˈlɔːəns/
Definition
A financial aid provided to help individuals cover the basic cost of living, often given to those in need or during times of education.
Examples
  • The government provided a subsistence allowance to the unemployed.
  • Students receiving a subsistence allowance can focus more on their studies without financial stress.
  • In times of crisis, a subsistence allowance can be crucial for affected families.
Meaning
Subsistence allowance is a financial support system aimed at ensuring that individuals can maintain a minimal standard of living.
Synonyms
  • Living allowance
  • Basic income support
  • Financial aid