Meaning of the word reallocate in English

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

reallocate

US /ˌriːˈæl.ə.keɪt/
UK /ˌriːˈæl.ə.keɪt/

Verb

1.

to change the way that something is allocated (= given or shared between people, groups, or organizations):

Example:
The existing funds have been reallocated to a new project.
Learn This Word at Lingoland