Definition of allocation in English:
1The action or process of allocating or distributing something: more efficient allocation of resources ticket allocation
More example sentences
- If they were sincere they would open the entire process of the city budget allocation to the public.
- It will result in each resource allocation process being subject to boundary disputes.
- And to do so it must make the efficient allocation of scare resources its prime objective at all times.
1.1An amount or portion of a resource assigned to a particular recipient.
- Poor management decisions on resource allocations can also impair the value of assets.
- If the city has to have the best of infrastructure, it has to have the best of resource allocations.
- We have a budget that more than takes care of the resource allocations that are needed.
- (chiefly Economics )Example sentences
- Such behaviour is so odious because it brings little allocative benefit - no significant increase in supply in the short run - and carries a huge distributive cost, as those with resources take advantage of those without.
- Indeed, there are an infinite number of option implementations that produce the same allocative equilibrium, but merely divide the expected payoffs differently between the disputants.
- Road pricing is a radical solution that primarily is about securing allocative efficiency of scarce resources, namely road space.
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