Definition, Meaning & Synonyms
monthly-allowance
noun
/ˈmʌnθli əˈlaʊəns/

Definition
A sum of money that is given or allocated each month, typically for personal expenditures or specific purposes.

Examples
- My parents give me a monthly allowance to help manage my expenses while I’m at college.
- The monthly allowance was sufficient for her to enjoy outings with friends.
- He saved part of his monthly allowance for a new bicycle.

Meaning
Monthly allowance refers to the financial support provided to an individual or a dependent on a monthly basis, intended to cover expenses or to encourage saving and budgeting.

Synonyms
- monthly stipend
- monthly payment
- subsidy