Allocatables

Part of speech: noun

Definitions

  1. Designated resources that are available for allocation within a system or project
  2. Items or funds that can be distributed or assigned based on specific criteria or needs
  3. Tangible or intangible assets that are set aside for specific use or purpose according to predefined plans

Etymology: "Allocatables" is the plural of "allocatable," an adjective meaning "able to be allocated." In finance and accounting, the plural noun refers to the assets or resources that a body sets aside for a particular purpose. The word belongs to a family built on "allocate," which comes from Medieval Latin "allocare," meaning "to place" or "to assign to a location," formed from Latin "ad-" (to) and "locare" (to place), the same root that gives English "locate" and "location." The "-able" ending is the common English suffix meaning "capable of being," attached to the verb "allocate." The noun form appears in English only in specialized or technical use, which is why it sounds less familiar than "allocation" or "allocated." Its meaning stays close to the original Latin idea of putting something in its proper place, now applied to money, land, or other resources.

Synonyms: resources, assets, funds, supplies, materials

Antonyms: unallocatable items, nonresources