Here is a context clues worksheet on the transitive verb allocate. It means both “to apportion for a specific purpose or to particular persons or things, distribute” and “to set apart or earmark, designate.” Because I was working in an economics-and-finance-themed high school when I prepared this, I suspect I meant students to understand and use it in the sense of allocating capital.
This verb is always used transitively, and never intransitively, so don’t forget your direct object: you must allocate something.
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Mark's Text Terminal 