IPA: /əˈlɒkəteɪbəl/
KK: /əˈlɑːkəˌteɪbəl/
Able to be assigned or distributed to a specific purpose or use.
The resources are allocatable based on the project's needs.
Allocatable → It is formed from "ad-" (meaning to) and "locare" (meaning to place) combined with the suffix "-able" (meaning capable of). The word "allocatable" means capable of being placed or assigned to a particular purpose or use.
Think of being able to 'place' something 'to' a specific use — that's why allocatable means something that can be assigned.