chargeability

chargeability

The new equipment's chargeability to the project budget was carefully reviewed.

Definition

Noun: - The quality of being subject to a charge: "chargeability" refers to the state or condition of being liable to bear a financial cost, expense, or fee. - The capacity to be accused: It also denotes the state of being capable of being charged with a crime or offense, i.e., being open to legal accusation or blame.

Usage Examples
  • (The new owner is liable to pay the taxes.)
  • (He could be formally accused of the crime based on the proof.)
Advanced Usage
  • "chargeability of costs": the legal principle that determines which party in a dispute must pay the expenses.

    • The court ruled on the chargeability of the legal fees to the defendant. (The court decided the defendant was responsible for the costs.)
  • "chargeability rate": in finance, a term sometimes used to describe the percentage of time or resources that can be billed to clients.

    • The consultant's chargeability rate was 85% last quarter. (85% of her working hours were billable to clients.)
Variants and Related Words
  • Chargeable (adj): capable of being charged; subject to a fee or accusation.
    • The service is chargeable at a rate of $50 per hour. (A fee applies for the service.)
  • Charge (n/v): a fee or cost; to impose a fee or accuse.
    • There is a charge for late returns. (A fee is required.)
    • He was charged with fraud. (He was formally accused.)
Synonyms
  • Liability: the state of being legally responsible for something (e.g., a debt or obligation).
  • Accountability: the condition of being required to explain actions or decisions, often in a legal context.
  • Imputability: the quality of being attributable to someone as a fault or crime.
Related Idioms
  • To bear the charge: to accept responsibility for a cost or accusation.

    • The company must bear the charge for environmental cleanup. (The company is liable for the expense.)
  • To lay a charge: to formally accuse someone of an offense.

    • The police laid a charge of trespassing against the suspect. (They formally accused him.)