Allowances

Importance: 0.43

Is a company: no

Is a proper noun: no

Synonyms

  • allocations
  • allotments

Definition of Allowances

  1. Money set aside by builders for amenities or services such as driveways, landscaping, carpeting, and fixtures. These amenities are usually standard, but they can have optional designs.
  2. An amount of something that is permitted or within guidelines.

Related Terms and Acronyms

  • Custom Builder Definition,
    • A contractor that constructs or remodels houses based on plans submitted by the client.
  • Speculation Builder Definition,
    • A developer that builds houses without a commitment from a purchaser.
  • Semi-custom Home Definition,
    • A house in which the buyer cannot alter the layout, but can specify amenities such as type of cabinets and floor coverings.
  • Speculation Home Definition,
    • A house built before a buyer has been found, on the assumption that one will be found.
  • Builder Upgrades Definition,
    • Refined features or materials that a builder offers for an extra charge.
  • Upgrades Definition,
    • Options that allow buyers of newly built houses to select higher-quality floor coverings, cabinets, windows and other amenities for more money.
  • Fixture Definition,
    • Personal property that becomes real property when it is attached to a building. Examples include chandeliers, built-in bookcases and cabinets and drapery rods.
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