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Meaning of “allocate” in the English Dictionary

"allocate" in British English

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allocateverb [T]

uk   /ˈæl.ə.keɪt/  us   /ˈæl.ə.keɪt/
C1 to give something to someone as their share of a total amount, to use in a particular way: The government is allocating £10 million for health education. [+ two objects] As project leader, you will have to allocate people jobs/allocate jobs to people. It is not the job of the investigating committee to allocate blame for the disaster/to allocate blame to individuals.

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allocation
noun [U] uk   /ˌæl.əˈkeɪ.ʃən/  us   /ˌæl.əˈkeɪ.ʃən/
C2 the allocation of resources/funds/time
(Definition of allocate from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"allocate" in American English

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allocateverb [T]

 us   /ˈæl·əˌkeɪt/
to give something as a share of a total amount: State funds will not be allocated to the program next year.
(Definition of allocate from the Cambridge Academic Content Dictionary © Cambridge University Press)

"allocate" in Business English

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allocateverb [T]

uk   us   /ˈæləkeɪt/
to give a particular amount of time, money, etc. to someone or something, so that it can be used in a particular way: allocate sth for sth We have allocated €50,000 for printing and mailings.allocate sth to sb/sth They allocated 3% of the advertising budget to newspaper ads.allocate capital/funds/money We need to allocate capital and resources more effectively.allocate time Salespeople should allocate time for work in each area of their business.
to decide officially that something should be given to a particular person: You will be allocated 4,566 shares at the par value of 20p each.allocate sth among sb It is his job to decide how the responsibilities should be allocated among the different salespersons within the sales force.allocate sth to sb Federal agencies are required to set goals for allocating a certain percentage of jobs to small companies.
ACCOUNTING to decide where to put a particular cost or amount in a company's accounts: allocate sth to sth The initial amounts received from customers or subscribers should be allocated to two liability accounts.
(Definition of allocate from the Cambridge Business English Dictionary © Cambridge University Press)
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“allocate” in British English

“allocate” in Business English

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