allocationn.[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.()n.[LL., it is allowed, fr. allocare to allow.] (Law) Allowed. The word allocatur expresses the allowance of a proceeding, writ, order, etc., by a court, judge, or judicial officer.()