PARSONAGE ALLOWANCE
\pˈɑːsənɪd͡ʒ ɐlˈa͡ʊəns], \pˈɑːsənɪdʒ ɐlˈaʊəns], \p_ˈɑː_s_ə_n_ɪ_dʒ ɐ_l_ˈaʊ_ə_n_s]\
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Allowance provided by a religious constitution to a clergy they have ordained. Primarily, the parsonage allowance covers the fair market rental value of the house, as well as any maintenance costs that might be accrued during the clergy's stay. Income taxes are also incorporated in to the parsonage allowance.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.