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Allocate

On a balance sheet, to spread an expense over more than one accounting period. One of the most prominent examples of allocation is depreciation, which spreads the cost of an asset over a certain number of years.

allocate

1. To spread systematically a single monetary amount over a number of time periods, usually years. For example, depreciation allocates the cost of a capital asset over its useful life.
2. To distribute cost or revenue throughout a number of operations or products. For example, a business must decide how to allocate the costs of running its headquarters over all its operations to determine the profitability of each of those operations.
References in periodicals archive ?
Rs300 million have been allocated for Quetta master plan.
A total of Rs149.55m has been allocated for the construction of accommodation, training and administrative blocks and barracks for the establishment of a Rapid Response Force.
Among new schemes, Rs80 million has been allocated for construction of Hostel/Sports facilities at Karakoram International University (KIU), as well as Rs100 million has also been allocated for Pak-UK Knowledge gateway-HEC.
In the 6 th round, allocated for Hajaej Abkar, "Al Ozzom" owned by Humaid bin Mohammed al-A'amri came first.
Hilde Gronland, company secretary, has been allocated 21 Dividend Shares in the Dividend Issue.
Construction and renovation of Qayyum Sports Complex, up-gradation of Lala Ayub Hockey Stadium Rs52 million has been earmarked besides for rehabilitation of Arbab Niaz Cricket Stadium Rs18 million allocated.
Federal government is likely to allocate Rs 1 billion for Lining of Distributaries & Minors in Sindh for Development Budget 2010-11 against the demand of Rs 4 billion put up by the Ministry of Water & Power, while last year the same amount of Rs 1 billion was allocated for the ongoing FY 2009-10 with no effect on present allocation.
Describing the allocation over the five-year span as inadequate to meet the needs of Canada's almost five million children, Campaign 2000 says the $25 million allocated in the first year and $75 million for the second year "scarcely reflect the importance of child care." The organization says about $10 billion annually or about 1% of GDP is needed to fund a mature child care and early learning system in Canada.
Federal Standards: Federal accounting standards govern how costs should be allocated by recipients of federal grants and contracts.
Briefly summarized, a rental agreement has deferred rent if the cumulative amount of rent allocated as of the close of a calendar year exceeds the cumulative amount of rent payable as of the close of the succeeding calendar year.(31) A rental agreement has prepaid rent if the cumulative amount of rent payable as of the close of a calendar year exceeds the cumulative amount of rent allocated as of the close of the succeeding calendar year.(32)
According to budgetary document, an amount of Rs 6809.445 million has been allocated for on-going schemes while Rs 6567.113 million has been allocated for new health schemes.
A further Rs56.892 million were allocated for setting up a waste management plant (incinerator) at Pims in line with directions from the Supreme Court.