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Definition of leeway:

  1. The lateral movement of a ship to the leeward of her course; drift.

Synonyms:

autonomy, allowance account, free will, valuation reserve, wiggle room, headroom, restraint, latitude, latitude, adjustment, slack, gross profit, valuation account, freedom, perimeter, play, permissiveness, independence, breathing space, border, liberty, gross profit margin, play, allowance, room to swing a cat, autarky, emancipation, margin, elbowroom, tolerance, place, security deposit, release, breathing room, elbowroom, enfranchisement.

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