Pronunciation: (al"u-kā'shun), [key]
1. the act of allocating; apportionment.
2. the state of being allocated.
3. the share or portion allocated.
4. Accounting.a system of dividing expenses and incomes among the various branches, departments, etc., of a business.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.