Define: Allocate

UK Accounting Glossary

Definition: Allocate


Quick Summary of Allocate


To assign a whole item of cost, or of revenue, to a simple cost centre, account or time period.



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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/allocate/
Modern Language Association (MLA):
Allocate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. August 24, 2019 https://payrollheaven.com/define/allocate/.
Chicago Manual of Style (CMS):
Allocate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/allocate/ (accessed: August 24, 2019).
American Psychological Association (APA):
Allocate. PayrollHeaven.com. Retrieved August 24, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/allocate/

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This glossary post was last updated: 23rd December 2018.