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allowable (adj.)

late 14c., "worthy of praise;" mid-15c., "permissible, not forbidden," from Old French alloable "permissible, allowable," from alloer "allot, apportion, bestow" (see allow).

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Definitions of allowable from WordNet

allowable (adj.)
deductible according to the tax laws;
allowable (adj.)
that may be permitted especially as according to rule;
Synonyms: permissible
allowable (adj.)
deserving to be allowed or considered;
From wordnet.princeton.edu