Definitions

1. verb

to set aside or assign (something, especially money) for a particular purpose or use

“The company allocated a large budget for research and development.”

2. verb

to direct or assign (people or resources) for a particular task or function

“The manager allocated the new team members to different departments.”

3. noun

an amount of something, especially money, that is set aside or assigned for a particular purpose

“The allocation of funds for the project was approved by the board.”

4. noun

the act of setting aside or assigning (something, especially people or resources) for a particular purpose

“The allocation of tasks was well-organized and efficient.”