Allowable Word Meaning

Audio Pronunciation:

Definition:

allowed, especially within a set of regulations; permissible

Short Definition:

allowed within set of regulations

Examples:

• the loan deal has been extended to the maximum allowable three months

Definition:

(of an amount of money) able to be earned or received free of tax

Short Definition:

able to be earned or received free of tax

Examples:

• tax is payable after deduction of allowable expenses