allowedamount

noun
UK /əˈlaʊd əˈmaʊnt/
US /əˈlaʊd əˈmaʊnt/

The allowed amount is the most money a health plan will pay for a service.

The allowed amount for the visit was fifty dollars, so the patient paid only a small part.


OTHER MEANINGS

2. The largest quantity of something that is permitted.

The allowed amount of luggage on the bus is two bags per person.

3. The sum a budget rule says you may spend.

The allowed amount for snacks this month is twenty dollars.

4. The limit set by a game or contest.

The allowed amount of time for each turn is one minute.