What does allocations mean or Definition?

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List of meaning for allocations

a sum of money allotted for a specific use by official or formal action

recognizing the importance of the arts in the health of a city, the council increased the allocation for the city's annual jazz festival

the act or process of giving out something to each member of a group

the allocation of Halloween candy became my job when I was too old to go trick-or-treating myself

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