allocable

[ al-uh-kuh-buhl ]

adjective

1. that can be allocated.

Word History and Origins

Origin of allocable¹

First recorded in 1915–19; alloc(ate) + -able

Example Sentences

The obligation would be paid to K.K.R. out of “realization proceeds allocable to the fund” upon the sale of fund investments, it said.

From New York Times

Tentative innovation profit is generally equal to its gross receipts from qualified property less deductions allocable to those receipts.

From Forbes

Consequently, the couple suffered a substantial loss allocable to the stock.

From Forbes

The Final Regulations provide that taxpayers may use any reasonable method to determine what portion of the deduction for state income taxes is properly allocable to NII.

From Forbes

Investment interest, up to the amount of the taxpayer’s NII, is allowed as a properly allocable deduction.

From Forbes