Definition of "allowances"
  1. Discounts or premiums given for different grades or locations of a commodity that are lower or higher than the standard specified in a futures contract
How to use "allowances" in a sentence
  1. The trading firm made allowances for the superior quality coffee beans harvested in that year.
  2. Due to the poor condition of the goods, allowances were made, reducing the price.
  3. He was able to negotiate allowances for the rare wine higher than the futures contract specified.

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