allocation
//ˌæl.əˈkeɪ.ʃən//
Noun
allocationSingular
allocationsPlural
1
The act or process of distributing or assigning resources, money, or tasks for a particular purpose.
The allocation of funds to each department will be decided at the meeting.
2
An amount or portion of a resource assigned to a particular recipient or purpose.
Each department received its budget allocation for the new fiscal year.