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allot vs. a lot

[ uh-lot ]
/ əˈlɒt /

verb (used with object),
  1. to divide or distribute by share or portion; distribute or parcel out; apportion: to allot the available farmland among the settlers.
  2. to appropriate for a special purpose: to allot money for a park.
  3. to assign as a portion; set apart; dedicate.
[ uh-lot ]
/ ə ˈlɒt /

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