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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 particular, improved analysis of this information can enable teachers to allocate their time more efficiently.
Lifehacking has snowballed into a massive self-help program that seeks to help you allocate your attention efficiently.
Instruct the budget committee to allocate some proportion of the funds to the service side of the organization, as they see fit.
In their attempts to stem cut-throat price competition, railway leaders repeatedly formed cartels to set prices and allocate traffic.
This analysis allows the manager of change to allocate resources more effectively.
The new head of homeland security, Michael Chertoff, this week testified he wants to allocate more funds based on risk assessment.

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