Allocation involves distributing resources for specific uses or spreading costs over multiple products, customers, people, or time periods.
Allocation in accounting refers to the process of distributing resources, costs, or investments among various accounting entities or activities.
The grey market comprises markets for legal trading of goods that are in short supply or shares that are not yet issued but will be issued shortly, offering price anticipation and the potential for losses if allocations do not match expectations.
To allocate between seller and buyer their proportionate share of an obligation paid or due, such as real property taxes, insurance, or unearned rent.
