A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.

✨ Enjoy an ad-free experience with LSD+

Legal Definitions - allocation

LSDefine

Definition of allocation

Allocation refers to the act of setting aside, distributing, or assigning resources, funds, or responsibilities for a particular, defined purpose. It involves designating specific items or amounts to be used in a certain way or for a specific recipient.

Here are a few examples to illustrate the concept of allocation:

  • Example 1: Budgeting for a Community Project

    A local city council receives a special grant to improve public spaces. They decide to allocate 40% of the funds to renovate the main park, 30% to build new sidewalks in a specific neighborhood, and the remaining 30% to establish a community garden program. This demonstrates how the total grant money is divided and assigned to distinct projects, each with its own specific purpose.

  • Example 2: Assigning Team Responsibilities

    During a large software development project, the project manager needs to ensure all tasks are covered. She allocates the database design work to one team of engineers, the user interface development to another team, and the quality assurance testing to a third, specialized group. This shows how different responsibilities and tasks are assigned to specific individuals or teams to achieve the overall project goal.

  • Example 3: Distributing Classroom Resources

    At the beginning of the school year, a teacher receives a budget for classroom supplies. She decides to allocate a certain amount for art materials, another portion for new textbooks, and a specific sum for educational software licenses. This illustrates how a finite resource (the budget) is divided and designated for various categories of supplies, each serving a different educational need.

Simple Definition

Allocation is the act of designating or setting aside something, such as funds, for a specific purpose. In accounting, it involves crediting a receipt or charging a disbursement to a particular account.

Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.

✨ Enjoy an ad-free experience with LSD+