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The phrase "monetary allowance" is correct and usable in written English.
You can use this phrase when discussing a certain amount of money that a person is allowed to spend. For example: "He receives a small monthly monetary allowance that he uses to buy treats for himself."
Exact(7)
Notwithstanding any other provision of law, a monetary allowance paid an individual under this chapter shall not be considered as income or resources in determining eligibility for, or the amount of benefits under, any Federal or federally assisted program.
Notwithstanding any other provision of law, receipt by an individual of a monetary allowance under this chapter shall not impair, infringe, or otherwise affect the right of the individual to receive any other benefit to which the individual is otherwise entitled under any law administered by the Secretary.
A few hours after feeding these subjects a breakfast designed to leave them somewhat hungry, researchers gave their recruits a small monetary allowance, showed them 39 pictures of different foods that would be familiar, and asked the subjects to place bids on those they'd most like to eat.
MOs serving in rural areas must be provided with an extra monetary allowance.
LHWs are not the primary earner of their family and receive a small monetary allowance of approximately $840 USD per year.
As for the role of monetary allowance in adolescent behaviors, one previous paper reported significant association between high monthly allowance and smoking in young urban Malaysian women [ 26].
Similar(53)
For example, reported dissatisfaction with monetary allowances identified during the baseline round of VHW interviews informed the formulation of a performance-based incentive package begun in December 2013 to improve VHW motivation and job performance outcomes [ 43].
Although monetary and non-monetary allowances were supposed to compensate for low wages, they have led to poor teamwork and lack of continuity in health service operations.
Monetary performance allowances were provided as incentives for wholesalers and retailers to stock and discount healthier foods and thereby increase supply and demand.
Income includes all primary income and monetary transfers (family allowance, assistance pensions, unemployment subsidies, etc) as well as imputed rent and gifts.7 However, like most of the poverty assessments of Latin American countries, the measure of income omits the value of in-kind transfers made to households by the government via subsidized education, health, and housing programmes.
The legislation sends over 40percentt of the monetary value of allowances (roughly $600 billion in present value through 2050) to households.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com