Al`lo*ca"tion (&?;), n. [LL. allocatio: cf. F. allocation.] 1. The act of putting one thing to another; a placing; disposition; arrangement. Hallam.

2. An allotment or apportionment; as, an allocation of shares in a company.

The allocation of the particular portions of Palestine to its successive inhabitants.
A. R. Stanley.

3. The admission of an item in an account, or an allowance made upon an account; -- a term used in the English exchequer.