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
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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)