The process or procedure for allocating things, especially money or other resources.(noun)
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Use "allocation" in a sentence
"You'll see that not much of that higher allocation is actually spent on the Special Ed student who needs it."
"The bond allocation is primarily in two Pimco funds — 20% in Pimco Total Return, which buys various types of bonds, including government and corporate bonds, and 15% in Pimco Low Duration, which has two-thirds of its portfolio in bonds that mature in less than three years."
"A key aim of asset allocation is to invest across a range of sectors, countries and asset classes that earn decent returns but are relatively uncorrelated."