allocation

[ al-uh-key-shuh n ]
/ ˌæl əˈkeɪ ʃən /

noun

the act of allocating; apportionment.
the state of being allocated.
the share or portion allocated.
Accounting. a system of dividing expenses and incomes among the various branches, departments, etc., of a business.

Origin of allocation

1525–35; < Medieval Latin allocātiōn- (stem of allocātiō), equivalent to allocāt(us) (see allocate) + -iōn- -ion

Related forms

al·lo·ca·tive, adjectivede·al·lo·ca·tion, nounre·al·lo·ca·tion, nounsub·al·lo·ca·tion, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for allocative

allocation

/ (ˌæləˈkeɪʃən) /

noun

the act of allocating or the state of being allocated
a part that is allocated; share
accounting, British a system of dividing overhead expenses between the various departments of a business
social welfare (in a Social Services Department) the process of assigning referrals to individual workers, thus changing their status to cases
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012