Definition of "allocable" []

• Capable of being allocated. (adjective)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "When State finally sent an "invoice-reconciliation team" to review expense receipts submitted under one particular contract, it discovered that $322 million in invoices had been "approved even though they were not allowable, allocable, or reasonable.""
• "There may even be some payment allocable to personal physical injuries or physical sickness (nontaxable, so no Form 1099), though this subject is controversial (see points 3 and 4 above)."
• "Airline costs allocable to vouchers issued are not deductible until vouchers are redeemed for tickets."