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Meaning of “allocation” in the English Dictionary

"allocation" in American English

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allocationnoun [C/U]

us   /ˌæl·əˈkeɪ·ʃən/
the act or process of giving out parts of a whole, or a part given out in this way: [U] The allocation of space in this office is unusual.
(Definition of allocation from the Cambridge Academic Content Dictionary © Cambridge University Press)

"allocation" in Business English

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allocationnoun

uk   /ˌæləˈkeɪʃən/ us  
[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
(Definition of allocation from the Cambridge Business English Dictionary © Cambridge University Press)
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“allocation” in Business English

Watching the detectorists
Watching the detectorists
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May 31, 2016
by Colin McIntosh You could be forgiven for thinking that old-fashioned hobbies that don’t involve computers have fallen out of favour. In fact, nothing could be further from the truth. If anything, the internet has made it easier for people with specialist hobbies from different corners of the world to come together to support one another

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