Meaning of allot

al•lot

Pronunciation: (u-lot'), [key]

— -lot•ted, -lot•ting.

to divide or distribute by share or portion; distribute or parcel out; apportion: to allot the available farmland among the settlers.
to appropriate for a special purpose: to allot money for a park.
to assign as a portion; set apart; dedicate.

See also:

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