The phrase "allocable to" is correct and usable in written English.
It is typically used in financial or legal contexts to indicate that something can be assigned or allocated to a specific entity or purpose.
Example: "The expenses incurred during the project are allocable to the research and development budget."
Alternatives: "assignable to" or "attributable to".
The order found that even though some portion of the $425,000 expense was properly allocable to Yucaipa, Yucaipa improperly allocated it entirely to the fund.
The regulations require applicants to state what percentage of the cost of a facility is properly allocable to its abatement function and to justify the allocation.
That portion allocable to state business can be paid by the government.
Net investment income (NII) is calculated by subtracting from income expenses properly allocable to that income.
the regular tax liability of the taxpayer for the taxable year allocable to all passive activities.
"This debt is not a liability of the city's general fund; and, even if it were, only a fraction of it would allocable to the city," he writes.
the amount determined under subsection (a) for any taxable year shall not exceed an amount (separately computed with respect to such person's interest in such trade or business or entity) equal to the amount of tax attributable to that portion of a person's taxable income which is allocable or apportionable to the person's interest in such trade or business or entity.
On path S 3 Open image in new window, only the amount of allocable resource to activity 6 has not been determined.
For purposes of section 911 (d)(6) and this section only, deductions, exclusions, or credits which are not definitely related to any class of gross income shall not be allocable or chargeable to excluded amounts and are, therefore, deductible to the extent allowed by chapter 1 of the Code.
In neither instance, however, was the SEC's order explicit as to why Consulting Firm A's services were viewed as allocable in part to Yucaipa.
In addition, for purposes of this section, amounts excludable or deductible under section 911 or 119 shall not be allocable or chargeable to other amounts excluded under section 911(a).
