Allocate
/ˈæl.ə.keɪt/
Definitions
- (v.) To designate or assign resources, rights, or duties for a specific purpose or party, often in a legal or contractual context.
The court allocated the settlement funds among the claimants.
Forms
- allocate
- allocates
- allocated
- allocating
Related terms
See also
Commentary
In legal drafting, be precise about what is being allocated and to whom, as allocation can affect rights and obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.