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.

What is the dictionary definition of Allocate?

Dictionary Definition

Full Definition of Allocate

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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
Modern Language Association (MLA):
Allocate. Payroll & Accounting Heaven Ltd. August 24, 2019
Chicago Manual of Style (CMS):
Allocate. Payroll & Accounting Heaven Ltd. (accessed: August 24, 2019).
American Psychological Association (APA):
Allocate. Retrieved August 24, 2019, from website:

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