Examples of allocable in a Sentence
Recent Examples on the Web
Net profits allocable to the Net Profits Interest were $6,312,156, compared to $2,850,857 in the previous year, with the increase attributed to higher oil and natural gas sales.
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Quartz Bot, Quartz, 14 Nov. 2024
On December 9, 2013 TOT owned 652 acres that its original partners had acquired for $486,000 (an allocable portion of a larger transaction) in 2005.
—Peter J Reilly, Forbes, 25 June 2021
However, the definition of wages continues to state that the amount cannot include any amount which is not properly allocable to qualified business income.
—Lynn Mucenski Keck, Forbes, 14 Mar. 2022
The distribution of property treatment does not exceed the sum of the distributees’ allocable share of the undistributed PHC income for the year, computed without regard to section 316(b)(2) or section 562(b).
—Carrie Brandon Elliott, Forbes, 3 Oct. 2022
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Quartz Bot, Quartz, 14 Nov. 2024
On December 9, 2013 TOT owned 652 acres that its original partners had acquired for $486,000 (an allocable portion of a larger transaction) in 2005.
—Peter J Reilly, Forbes, 25 June 2021
However, the definition of wages continues to state that the amount cannot include any amount which is not properly allocable to qualified business income.
—Lynn Mucenski Keck, Forbes, 14 Mar. 2022
The distribution of property treatment does not exceed the sum of the distributees’ allocable share of the undistributed PHC income for the year, computed without regard to section 316(b)(2) or section 562(b).
—Carrie Brandon Elliott, Forbes, 3 Oct. 2022
Dictionary Entries Near allocable
Cite this Entry
“Allocable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/allocable. Accessed 21 Dec. 2024.
Copy CitationLegal Definition
allocable
adjective
al·lo·ca·ble
ˈa-lə-kə-bəl 
: capable of being allocated or assigned
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