[al-uh-keyt] 
| 1. | to set apart for a particular purpose; assign or allot: to allocate funds for new projects. |
| 2. | to fix the place of; locate. |
allocate
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.
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.
əˌkeɪt