Able to be done or put into practice; feasible and realistic under current circumstances.
From French praticable, from pratiquer 'to practice,' ultimately from Greek praktikos 'active, practical.' The word emphasizes actual feasibility rather than theoretical possibility, developing this distinction in the 17th century.
While 'possible' means something could theoretically happen, 'practicable' means it can actually be accomplished with available resources and methods. Engineers love this distinction - many things are possible but not practicable without unlimited budgets or defying physics.
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