If it is your job to decide how much money goes to three charities, you are in charge of the allocation of your donation. The money each charity gets is their allocation.

You'll often hear this word used when talking about things like government funding. People often debate the allocation of federal funds. Should tax dollars be used for the military, or for domestic needs like education and healthcare? These decisions are made by Congress and the President, who work together to create a budget to allocate funds appropriately.

Definitions of allocation

n the act of distributing by allotting or apportioning; distribution according to a plan

allotment, apportioning, apportionment, assignation, parceling, parcelling
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grant, subsidisation, subsidization
the act of providing a subsidy
reallocation, reallotment, reapportionment
a new apportionment (especially a new apportionment of congressional seats in the United States on the basis of census results)
the act of apportioning or distributing something
the act of rationing
parcel, portion, share
the allotment of some amount by dividing something
award, awarding
a grant made by a law court
block grant
a grant of federal money to state and local governments to support social welfare programs
a grant from a central government to a local government
a redistribution of something
new deal
a reapportioning of something
Type of:
the act of distributing or spreading or apportioning

n (computer science) the assignment of particular areas of a magnetic disk to particular data or instructions

storage allocation
Type of:
assigning, assignment
the act of distributing something to designated places or persons

n a share set aside for a specific purpose

a share that has been allocated again
a proportional share assigned to each participant
Type of:
part, percentage, portion, share
assets belonging to or due to or contributed by an individual person or group

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