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Allocable

Pronunciation: /ˈəlləkəbəl/

Allocable (adj)

  1. A cost that can be fairly assigned to a particular project, person, or activity.
  2. A limited amount of time or resources that can be used for a specific purpose.

Allocable (adjective)

Examples

  • The manager approved an allocable cost for the project.
  • This expense is allocable to the team that used it.

Related Words

  • allocate
  • allocation
  • allocator
  • allocating
  • allocations
  • reallocate
  • reallocation
  • allocate (allocate + -ate)