ALLOWABLE Meaning and
Definition
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Allowable is an adjective that describes something that is permitted, acceptable, or authorized according to specific rules, regulations, standards, or guidelines. It refers to what is legally, morally, or practically allowed or considered admissible in a particular context.
In legal contexts, allowable can pertain to actions or behavior that conform to the prevailing laws or legislation. For instance, the allowable deductions on income tax returns are expenses that meet the criteria set by tax authorities, which individuals or businesses are entitled to subtract from their taxable income.
In financial contexts, allowable can refer to expenses or costs that are recognized as legitimate and can be included in financial statements or financial calculations. This can include costs that can be written off as business expenses or deductions.
In scientific or technical contexts, allowable often relates to limits or tolerances within which something can operate or be considered valid. For example, engineers might establish the allowable stress levels for a material or structure, indicating the maximum amount of stress it can safely withstand.
In general, the term allowable signifies what is within the confines of what is permitted, acceptable, or allowable based on specific criteria, standards, regulations, or guidelines established by relevant parties or authorities. Its usage ensures compliance, adherence, or conformity with applicable rules and regulations.
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That may be permitted; not improper or unlawful.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
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Etymology of ALLOWABLE
The word "allowable" is formed by adding the suffix "-able" to the verb "allow".
The verb "allow" originates from the Old French word "alouer", which came from the Latin word "allaudāre", meaning "to praise, approve, or permit". The Latin word further evolved from the combination of the prefix "ad-" (meaning "to") and the verb "laudāre" (meaning "to praise").
Over time, the meaning of "allow" shifted to denote the act of granting permission or consent. Adding the suffix "-able" to the root word creates an adjective form, "allowable", meaning "capable of being allowed or permitted".
Similar spelling words for ALLOWABLE
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