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al·lo·cate Listen to audio/ˈæləˌkeɪt/ verb
al·lo·cates; al·lo·cat·ed; al·lo·cat·ing
[+ obj] : to divide and give out (something) for a special reason or to particular people, companies, etc.
allocate funds among charities Money from the sale of the house was allocated to each of the children. We need to determine the best way to allocate our resources. Have enough funds been allocated to finance the project?
— al·lo·ca·tion Listen to audio /ˌæləˈkeɪʃən/ noun, plural al·lo·ca·tions
[noncount] the allocation of funds asset allocation [count] asset allocations

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