allocation

allocation is on the Academic Word List.

Noun

(countable) An allocation is the amount that is given out or shared.
Our department's allocation of computer time is too small.

We need to increase the allocation of funds to fix the roads problem.
(countable & uncountable) Allocation is the act of giving out or sharing something.
The budget allocations are becoming less and less frequent.

With the new focus on the environment, governments are rethinking their resource allocation plans.

The broad allocation of contracts means that we don't depend on any one company.