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What does allocate mean?

Looking for the meaning or definition of the word allocate? Here's what it means.

Verb
  1. To set aside for a purpose
  2. To distribute according to a plan, generally followed by the adposition "to"
  3. (computing) To set aside (as above), but specifically used to refer to the practice of making memory available within a computer program.
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Examples
In turn they are funders by proxy, having been delegated by the Arts Council to allocate lottery funding for film in Northern Ireland.
The new head of homeland security, Michael Chertoff, this week testified he wants to allocate more funds based on risk assessment.
Companies which allocate blank cheques to management teams with a proven record of failure and mendacity, get what they deserve.
An alternative would be to allocate a proportion of value added tax directly to local authorities.
In their attempts to stem cut-throat price competition, railway leaders repeatedly formed cartels to set prices and allocate traffic.
It is scandalous that we still allocate scarce homeland security dollars on the basis of pork barrel spending and not on risk.

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