Allocation Definition

alōkāzhən, aləkāzhən
allocations
noun
allocations
An allocating or being allocated.
Webster's New World
A thing or amount allocated.
Webster's New World
The definition of allocation is a process in business and accounting.
An example of allocation is when a company portions out their expenses and attributes a certain amount to each division.
YourDictionary
Allocation is defined as the act of being portioned out for a certain reason.
An example of allocation is when one refers to how the school fund-raising money is to be used for new computers.
YourDictionary

Other Word Forms of Allocation

Noun

Singular:
allocation
Plural:
allocations

Origin of Allocation

  • From Middle French allocacion, from Medieval Latin allocātiō.

    From Wiktionary

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