From Longman Dictionary of Contemporary Englishallow for somebody/something phrasal verbPREPAREto consider the possible facts, problems, costs etc involved in something when making a plan, calculation, or judgment Allowing for inflation, the cost of the project will be $2 million. You should always allow for the possibility that it might rain. → allow→ See Verb tableFrom Longman Business Dictionaryallow for something phrasal verb [transitive] to take something into account when doing a calculation or making a decisionThe electricity company said its prices were 26% lower than six years ago after allowing for inflation. → allow→ See Verb table