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allowablelate 14c., from Old French allouable, from allouer (see allow).
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allowable(adj) deductible according to the tax laws(adj) that may be permitted especially as according to rule(adj) deserving to be allowed or considered
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allowableThis refers to the predetermined allowable limits used by insurance carriers to limit the maximum amount they will pay for a service based on their contract with you. Please note that Mayo Clinic does [..]
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allowableThe daily rate of oil or gas that a well is permitted by state authorities to produce during a given period. Lafayette Gas Proration Schedule
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allowable
Appropriate; satisfactory; acceptable.
Intellectually admissible; valid; probable.
Able to be added or deducted in consideration of something.
Permissible; tolerable; legitimate.
(obsolete) [..]
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