What does allocation mean?
The definition of allocation
Al`lo*ca”tion, n.
Etym: [LL. allocatio: cf. F. allocation.]

1 The act of putting one thing to another; a placing; disposition; arrangement. Hallam.
2 An allotment or apportionment; as, an allocation of shares in a company. The allocation of the particular portions of Palestine to its successive inhabitants. A. R. Stanley.
3 The admission of an item in an account, or an allowance made upon an account; — a term used in the English exchequer.