I. noun — [ mass noun] 1. the action or process of allocating or sharing out something • more efficient allocation of resources
• ticket allocation.
2. [ count noun] — an amount of a resource assigned to a particular recipient. • unclaimed allocations would be held for three years.
II. derivatives allocative /ˈaləkeɪtɪv / adjective
– origin late Middle English: from medieval Latin allocatio(n-), from the verb allocare (see allocate).