Refers to distributing resources in an organized manner, often by a person in charge. The committee discussed the allotment of funds for the new project.
Pro Tip 2/3
Equitable Sharing
Implies a fair and balanced distribution of items or tasks among people. The teacher ensured the allotment of school supplies was equal among students.
Pro Tip 3/3
Not Ownership
Means giving access or use but not transferring full ownership. Employees received an allotment of shares, which they could sell after a year.