Examples of allocable in a Sentence
Recent Examples on the Web
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.
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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
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
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'allocable.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near allocable
Cite this Entry
“Allocable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/allocable. Accessed 30 Oct. 2024.
Copy CitationLegal Definition
allocable
adjective
al·lo·ca·ble
ˈa-lə-kə-bəl 
: capable of being allocated or assigned
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