allocation

[al-uh-key-shuh n]
noun
  1. the act of allocating; apportionment.
  2. the state of being allocated.
  3. the share or portion allocated.
  4. 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 formsal·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. 2018

British Dictionary definitions for re-allocation

allocation

noun
  1. the act of allocating or the state of being allocated
  2. a part that is allocated; share
  3. accounting, British a system of dividing overhead expenses between the various departments of a business
  4. 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

Word Origin and History for re-allocation
n.

also reallocation, 1931, noun of action from reallocate (v.).

allocation

n.

mid-15c., from Middle French allocacion, from Medieval Latin allocationem (nominative allocatio), noun of action from past participle stem of allocare (see allocate).

Online Etymology Dictionary, © 2010 Douglas Harper