A family allowance is a form of financial support provided to families with children. However, there are several other terms that can be used to refer to this type of benefit. For instance, it may also be referred to as a child allowance, children's benefit, or child benefit. In some countries, this type of benefit may also be called a family tax credit, family supplement, or child tax credit. Regardless of the terminology used, the purpose of the benefit remains the same - to provide financial assistance to families with children to help cover the costs of raising a family.