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English definition of “allocation”

allocation

noun
 
 
/ˌæləˈkeɪʃən/
[U] the act of deciding officially which person, company, area of business, etc. something should be given to, or what share of a total amount of something such as money or time should be given to someone to use in a particular way: resource/time allocation The company is holding a review into the optimal allocation of a salesperson's time. allocation of capital/funds/resources The move will lead to more efficient pricing and allocation of capital.
[C] the share of a total amount of something given to a person, company, etc.: The program is financed with a $5 billion annual allocation.
[C or U] (also allotment) STOCK MARKET the number of new shares that are offered to each possible buyer, or the process of offering them: The rules on performance-related share allocations are extremely complex. Each individual investor got an allocation of 294 shares.
[C or U] ACCOUNTING a cost or an amount that is put in a particular place in a company's accounts, or the process of putting it there → See also cost allocation
(Definition of allocation from the Cambridge Business English Dictionary © Cambridge University Press)
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