Examples of allocable in a Sentence
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The deduction will be allowed only to the extent that the gross income from the business exceeds the allocable deductions.
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Peter J Reilly, Forbes.com, 13 July 2025
The company reported net income allocable to common stockholders of $28.8 million for the year ended December 31, 2024, compared to $33.7 million in the previous year.
—Quartz Intelligence Newsroom, Quartz, 24 Mar. 2025
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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Peter J Reilly, Forbes.com, 13 July 2025
The company reported net income allocable to common stockholders of $28.8 million for the year ended December 31, 2024, compared to $33.7 million in the previous year.
—Quartz Intelligence Newsroom, Quartz, 24 Mar. 2025
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
Cite this Entry
“Allocable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/allocable. Accessed 5 Sep. 2025.
Copy CitationLegal Definition
allocable
adjective
al·lo·ca·ble
ˈa-lə-kə-bəl 
: capable of being allocated or assigned
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