Definition, Meaning & Synonyms
dependency-allowance
noun
/dɪˈpɛndənsi əˈlaʊəns/
Definition
A financial benefit provided to individuals, usually based on their dependent status, to assist with living expenses or specific financial needs.
Examples
- Many parents rely on a dependency-allowance to help cover the costs of raising children.
- The government offers a dependency-allowance to support low-income families with dependents.
- He applied for a dependency-allowance due to his aging parents living with him.
Meaning
A type of allowance that assists individuals who have dependents, helping them manage their financial responsibilities related to caring for others.
Synonyms
- dependent benefit
- family support allowance
- caregiver subsidy
