allocable

allocable
Distributable. In analyzing accounts, the breaking down of a lump sum charged or credited to one account into several parts to be charged or credited to other accounts. Fleming v Commissioner (CA5) 121 F2d 7.

Ballentine's law dictionary. . 1998.

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  • allocable — al·lo·ca·ble / a lə kə bəl/ adj: capable of being allocated or assigned Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • allocable — allocate ► VERB ▪ assign or distribute to. DERIVATIVES allocable adjective allocation noun allocative adjective allocator noun. ORIGIN Latin allocare …   English terms dictionary

  • allocable share of income — Certain entities receive conduit treatment under the Federal income tax law. This means the earned income or loss is not taxed to the entity, but such amounts are allocated to the owners or beneficiaries thereof, regardless of the magnitude or… …   Black's law dictionary

  • allocable share of income — Certain entities receive conduit treatment under the Federal income tax law. This means the earned income or loss is not taxed to the entity, but such amounts are allocated to the owners or beneficiaries thereof, regardless of the magnitude or… …   Black's law dictionary

  • allocable — adjective Date: 1916 capable of being allocated …   New Collegiate Dictionary

  • allocable — /al euh keuh beuhl/, adj. that can be allocated. Also, allocatable. [1915 19; ALLOC(ATE) + ABLE] * * * …   Universalium

  • allocable — adjective Able to be allocated …   Wiktionary

  • allocable — adj. able to be allocated, able to be divided and distributed …   English contemporary dictionary

  • allocable — al·lo·ca·ble …   English syllables

  • allocable — al•lo•ca•ble [[t]ˈæl ə kə bəl[/t]] also al•lo•cat•a•ble [[t] ˌkeɪ tə bəl[/t]] adj. able to be allocated • Etymology: 1915–19 …   From formal English to slang

  • allocable — /aelsksbsl/ Synonymous with distributable . In analyzing accounts, the breaking down of a lump sum charged or credited to one account into several parts to be charged or credited to other accounts …   Black's law dictionary

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