Allocative Efficiency

Business, Legal & Accounting Glossary

Definition: Allocative Efficiency


Allocative Efficiency


Full Definition of Allocative Efficiency


Refers to whether or not an allocation is efficient. A change from an allocation that is not efficient, to one that is, may be termed an “increase” in allocative efficiency.


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Allocative Efficiency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 https://payrollheaven.com/define/allocative-efficiency/.
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Allocative Efficiency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/allocative-efficiency/ (accessed: December 04, 2021).
American Psychological Association (APA):
Allocative Efficiency. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/allocative-efficiency/

Definition Sources


Definitions for Allocative Efficiency are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 1 Views.