Meaning of the word allowability in English

What does allowability mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

allowability

US /əˌlaʊəˈbɪlɪti/
UK /əˌlaʊəˈbɪlɪti/

Noun

the quality of being allowable or permissible

Example:
The allowability of certain expenses depends on tax regulations.
We need to check the allowability of this action under company policy.