allocable

ADJECTIVE
  1. capable of being distributed
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How To Use allocable In A Sentence

  • Transaction of allocable urban land, urban land deposit system and urban land open transaction system will help to bring about an open, fair and just market environment.
  • The portion allocable to the employee's personal use is generally taxable to the employee as a fringe benefit.
  • After allocating the basis and the amount realized between these portions, Bob determines that $12,000 of the gain is allocable to the residential portion and $6,000 is allocable to the rental portion.
  • They are potentially liable to the artist for the artist's losses, for an allocable portion the profits they earned, attorneys fees and treble damages (in the trademark cases).
  • However, when a trip is primarily for vacation, the entire cost of the trip is a non-deductible personal expense, except for any expenses you have while at your destination that are directly allocable to your business.
  • On the surface, using a cost-type contract may appear to be the wrong type because it essentially results in the payment of all allowable and allocable costs.
  • IBRD reported a fall in net allocable income to $1.252 billion in fiscal 2005 from $1.675 billion the year before.
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