The process or procedure for allocating things, especially money or other resources
An allocation is an amount of something, especially money, that is given to a particular person or used for a particular purpose. The aid allocation for Pakistan was still under review
(Ticaret) A reservation of material based on an accepted order or system- generated planned order. The on-hand balance of an item, less the allocation, leaves the balance available for production or to promise to customer orders
The allocation of something is the decision that it should be given to a particular person or used for a particular purpose. Town planning and land allocation had to be coordinated
The admission of an item in an account, or an allowance made upon an account; a term used in the English exchequer