Salary
Part of speech: noun
Definition: a fixed amount of money paid to a worker, usually measured on a monthly or annual basis, not hourly, as wages. Implies a degree of professionalism and/or autonomy.
Part of speech: verb
Definition: To pay on the basis of a period of a week or longer, especially to convert from another form of compensation.
Allowance
Part of speech: noun
Definition: The act of allowing, granting, conceding, or admitting; authorization; permission; sanction; tolerance.Acknowledgment.That which is allowed; a share or portion allotted or granted; a sum granted as a reimbursement, a bounty, or as appropriate for any purpose; a stated quantity, as of food or drink; hence, a limited quantity of meat and drink, when provisions fall short.Abatement; deduction; the taking into account of mitigating circumstances; as, to make allowance for the inexperience of youth.A customary deduction from the gross weight of goods, different in different countries, such as tare and tret.A child's allowance; pocket money.