allocation

/ˌæləˈkeɪʃən/
nounIntermediate
💰Finance
formal

The process of distributing resources, funds, or tasks to specific purposes or individuals

The company's budget allocation for marketing was increased this quarter.

The allocation of funds to the research department was carefully planned.

💡

Often used in financial, business, and project management contexts.

💻Technology
technical

The assignment of computer memory or storage space to a particular process or application

The operating system manages memory allocation for running applications.

Dynamic allocation of resources is essential in cloud computing.

💡

Common in programming and system administration.

Collocations

budget allocationthe distribution of funds within a budgetresource allocationthe assignment of resources to tasks or projectsmemory allocationthe process of assigning memory space in computing

Synonyms

Antonyms

Related Phrases

allocate resourcesphrase
to assign resources to a specific task or purpose
reallocateverb
to redistribute or reassign resources

💡Pro Tip

Common Usage

In business, allocation often refers to budgeting, while in tech, it refers to memory management.

Gold Rule

Precision

Always specify what is being allocated (funds, memory, tasks) to avoid ambiguity.

📖Word Origin

From Middle French 'allocation' (14th century), from Latin 'allocatio', from 'allocare' (to assign).

📝Usage Notes

In finance, allocation often refers to the distribution of investments across different asset classes. In computing, it refers to memory management.

Word Breakdown

alloc
to assign or distribute
root
+
-ation
the action or process of
suffix
English Dictionary