Allowance
Definition
an allowance refers to a specific deduction or reduction granted for various factors that may affect the cost or terms of a transaction. It can include discounts, rebates, or concessions provided by a seller or carrier to incentivize or accommodate certain conditions, such as volume purchases, early payment, or special circumstances. Allowances help to create flexibility and promote favorable business arrangements within the supply chain ecosystem.
Oops! Something went wrong while submitting the form.
Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers
Talk to one of our supply chain experts to get started now.
Talk to an Expert
