Allocation

/ˌæl.əˈkeɪ.ʃən/

Definitions

  1. (n.) The process of distributing resources or duties for a specific purpose or among several recipients.
    The allocation of funds must be approved by the board.
  2. (n.) A designated portion or share of something assigned to someone or something.
    Each department received an allocation of office supplies.

Forms

  • allocations

Commentary

In legal contexts, specify the criteria and authority for allocation to avoid disputes.

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.

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