What is leeway meaning?

Leeway is a term used to describe the amount of freedom or flexibility that is allowed in a given situation. It can refer to a variety of different contexts, such as in financial planning, navigation, or decision making. Generally, leeway is the space that exists between a desired outcome and what is actually possible, and it represents the margin of error or deviation that is acceptable in achieving the desired outcome. In many cases, having leeway can allow for more creativity, adaptation, and resilience in the face of changing circumstances. However, it also requires careful balance and consideration to ensure that the final result is still within an acceptable range of outcomes.