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The apportionment or designation of an item for a specific purpose or to a particular place.In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as income to be paid to the beneficiary. The allocation of stock dividends generally means that such dividends will be added to the shares of stock held as principal, thereby increasing its size.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

ALLOCATION, Eng. law. An allowance upon account in the Exchequer; or rather, placing or adding to a thing. Ency. Lond.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Depending on the spatial and thematic scope of a RwL, very different (allocative and authorative) resources and rules (interpretative schemes and norms) are involved.
Similarly, the more than 90% level of allocative and economic efficiency was found in only 2.86% and 1.43% farmers, respectively.
We think of their simple, transparent method as a first-pass diagnostic of allocative efficiency.
Moreover, we show that the reallocation effect is stronger in sectors that were more exposed to competition from developing countries; a fiercer competitive environment--especially in low value-added sectors--might have favored an improvement of allocative efficiency through the exit of the least productive firms and the reallocation of resources towards the most productive ones.
Thus, in the absence of technical efficiency change, TFPG of the sector in India as well as in the states is calculated as the sum of technical progress (TP), Scale change (SC) and allocative efficiency change (AEC).
The allocative "static efficiencies" that conduct generates are efficiencies that relate to the economic-efficiency proficiency with which the actor produces its pre-choice product and/or distributive services (or finances its pre-choice operations).
its commitment to preserving allocative efficiency with respect to the
Allocative efficiency depends on the initial distribution of resources, which depends on the initial allocation of property rights.
Last, where cost data is readily available for the health sector, further research would revolve around cost, allocative and profit efficiencies of health facilities in Kenya.
While highest allocative efficiency rate was 44,41 %, it meant that farmers from cacao+coconut+patchouli intercropping pattern in conducting their farming had allocative in-efficiency of 55,59 %.
As for the allocative efficiency both minimal overbid auction, and second-best rebid auction give additional rights to the second-best bidder, thus increasing his chances for winning the auction.