C1nounbusinessmoney
US/ˌæl.əˈkeɪ.ʃən/
UK/ˌæl.əˈkeɪ.ʃən/
the act of giving out money, time or resources for a particular use
In context
The allocation of funds to schools has increased this year.
Poor allocation of time left her no chance to revise.
Each department received a larger budget allocation than expected.
Words that go with allocation
noun + noun
- budget allocationThe budget allocation for health rose by ten percent.
- resource allocationResource allocation is the hardest part of managing a team.
noun + preposition
- allocation ofThe allocation of seats was done by lottery.
- allocation forThere is no allocation for repairs this year.
adjective + noun
- fair allocationWorkers demanded a fair allocation of work.
- efficient allocationMarkets aim for efficient allocation of goods.
Common mistakes
Incorrect:
the allocate of fundsCorrect: the allocation of funds