Definition, Meaning & Synonyms
allocable
Adjective
/ˈæl.əˌkeɪ.bəl/
Definition
Able to be allocated or assigned, especially in a financial or resource management context.
Examples
- The funds are allocable to various departments within the organization.
- In budget planning, it’s crucial to understand which expenses are allocable to the project.
- The resources were allocable across multiple programs to maximize efficiency.
Meaning
The term ‘allocable’ refers to something that can be distributed or assigned to specific categories, projects, or purposes based on certain criteria.
Synonyms
- Assignable
- Distributable
- Apportionable
- Divisible
