The word "allowable" means something that is allowed or permitted. It refers to things that are acceptable or within the rules or limits. Full definition
It's for sale at the minimum allowable price of $ 0.99. (easyedit.co)
Introducing a maximum allowable price will ensure that government - backed mortgage insurance operates the way it was originally intended: to help working families and first - time homebuyers. (fin.gc.ca)
At $ 1.1 million the fine is well under the $ 10 - million maximum allowable under the law. (canadianlawyermag.com)