allocation

American  

[al-uh-key-shuhn] / ˌæl əˈkeɪ ʃən /

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.

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Other Word Forms

• allocative adjective
• deallocation noun
• reallocation noun
• suballocation noun

Etymology

Origin of allocation

First recorded in 1525–35; from Medieval Latin allocātiōn- (stem of allocātiō ), equivalent to allocāt(us) ( allocate ) + -iōn- -ion

Example Sentences

The government said the World Service’s work was “highly valued” and that its next funding allocation would be made before the start of the new financial year in early April.

From BBC

“Cost allocation for transmission has always been a very complex and difficult question. It’s an imperfect science.”

From The Wall Street Journal

That leads Bank of Singapore to cut its asset allocation on Asian equities, excluding Japan, to neutral from overweight.

From The Wall Street Journal

That leads Bank of Singapore to cut its asset allocation on Asian equities, excluding Japan, to neutral from overweight.

From The Wall Street Journal

In practice, the agency’s single largest budget allocation is for patrolling the ocean, which it does with equipment and personnel borrowed from national coast guards and navies.

From Salon

Related Words

• allotment
• appropriation
• quota
• share