Words / A / Business

allocable

adjective/ˈæləkəbəl/

C2CEFR level
88/100Rarity: very rare
TechnicalRegister

Able to be assigned to a cost centre or cost object on some reasonable basis.

Only the allocable share of central overhead was charged to the project's cost sheet.

Similar: apportionable, assignable

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting