Meaning of the word allocating in English

What does allocating mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

allocating

US /ˈæləˌkeɪtɪŋ/
UK /ˈæləˌkeɪtɪŋ/

Verb

distribute (resources or duties) for a particular purpose

Example:
The government is allocating funds for education.
We are allocating tasks to each team member.