Allocation

/ˌæləˈkeɪʃən/ noun

Definition

Allocation is the process or result of dividing and assigning resources, duties, or spaces to different people or uses. It shows who gets what, and how much.

Etymology

From Latin *allocatio* “assignment,” based on *allocare* “to place, assign.” It came into English through legal and financial language.

Kelly Says

An allocation chart is basically a snapshot of your priorities made visible—where the money, time, or staff actually went. The word reminds us that every ‘yes’ to one place is a silent ‘no’ to somewhere else.

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